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Provide the journal entry to record the payroll tax expense

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Journalize Payroll Tax

  • The payroll register of Patel Engineering Co. indicates $2,064 of social security withheld and $516.00 of Medicare tax withheld on total salaries of $34,400 for the period. Earnings of $10,000 are subject to state and federal unemployment compensation taxes at the federal rate of 0.6% and the state rate of 5.4%.

Question 1: Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places.

Reference no: EM132465284

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