Prepare the journal entries to record the october payroll

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Question - Jefferson Company has three employees whose monthly salaries ans accumulated year to date wages at September 30,2017 are as follows: Employee Ansell, Accumulated Wages 9/30/17 is $62,000, October Salary is $6,900. Comer Accumulated wages 91,000, October Salary $10,000, Francis A.W. $6,000 Oct. Sal. $800. The following payroll taxes are applicable: FICA tax on first $110,100 is 8%, FUTA tax on first $7,000 is 6.2%, SUTA tax on first $7,000 is 5.4%. The amount of federal income tax withholding for the October payroll is $900, $1,700, and $150 for Ansell, Comer, and Francis. Prepare the journal entries to record the October payroll and the employers payroll tax expense for the month of October.

Reference no: EM132064515

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