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Prepare the journal entry to record the payroll for November

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Reference no: EM132768470

Question - Example 1 Salaries and wages earned $800,000 Employee income taxes withheld 74,000 FICA taxes withheld 57,200.

Eagle Corp completed the payroll for the month of November. The payroll provided the following information:

Charitable contributions 9,600

Unemployment taxes 5,560

Required -

1) Prepare the journal entry to record the payroll for November.

2) Prepare the journal entry to record the employer's payroll taxes.

Reference no: EM132768470

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