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Provide the journal entry to record the payroll tax expense

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Reference no: EM132808135

The payroll register of Wang Engineering Co. indicates $1,356 of social security withheld and $339.00 of Medicare tax withheld on total salaries of $22,600 for the period. Earnings of $7,000 are subject to state and federal unemployment compensation taxes at the federal rate of 0.6% and the state rate of 5.4%.

Problem 1: Provide the journal entry to record the payroll tax expense for the period.

Reference no: EM132808135

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