FfffFfF The following totals for the month of April were taken from the payroll records of Sheridan Service Company.SalariesFICA taxes withheldIncome taxes withheldMedical insurance deductionsFederal unemployment taxesState unemployment taxes$9200070381920034502451656The journal entry to record the monthly payroll on April 30 would include adebit to Salaries and Wages Expense for $62312.credit to Salaries and Wages Payable for $92000.debit to Salaries and Wages Payable for $92000.debit to Salaries and Wages Expense for $92000.

Salaries and wages expense refers to the total amount of money that a business pays to its employees…

The following totals for the month of April were taken from the payroll records of Sheridan Service Company. Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $92000 7038 O O 19200 3450 245 1656 The journal entry to record the monthly payroll on April 30 would include a Odebit to Salaries and Wages Expense for $62312. credit to Salaries and Wages Payable for $92000. debit to Salaries and Wages Payable for $92000. Odebit to Salaries and Wages Expense for $92000.

The following totals for the month of April were taken from the payroll records of Sheridan Service Company. Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $92000 7038 O O 19200 3450 245 1656 The journal entry to record the monthly payroll on April 30 would include a Odebit to Salaries and Wages Expense for $62312. credit to Salaries and Wages Payable for $92000. debit to Salaries and Wages Payable for $92000. Odebit to Salaries and Wages Expense for $92000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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