The payroll register for D. Salah Company for the week ended May 18 indicated the following:Line Item DescriptionAmountSalaries$554,000Federal income tax withheld110,800The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were computed at the rate of 5.4% and 0.8%, respectively, on $11,000 of salaries.If an amount box does not require an entry, leave it blank.Question Content Areaa. Journalize the entry to record the payroll for the week of May 18.DateAccountDebitCreditMay 18 - Select -- Select - - Select -- Select - - Select -- Select - - Select -- Select - - Select -- Select - Question Content Areab. Journalize the entry to record the payroll tax expense incurred for the week of May 18.DateAccountDebitCreditMay 18 - Select -- Select - - Select -- Select - - Select -- Select - - Select -- Select - - Select -- Select - Check My Work

Payroll tax expense refers to the taxes that an employer must pay on behalf of their employees based…

Answered: The payroll register for D. Salah…

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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Question

The payroll register for D. Salah Company for the week ended May 18 indicated the following:

Line Item Description Amount

Salaries $554,000

Federal income tax withheld 110,800

The salaries were all subject to the 6.0% social security tax and the 1.5% Medicare tax. In addition, state and federal unemployment taxes were computed at the rate of 5.4% and 0.8%, respectively, on $11,000 of salaries.

If an amount box does not require an entry, leave it blank.

Question Content Area

a. Journalize the entry to record the payroll for the week of May 18.

Date Account Debit Credit

May 18

- Select - - Select -

- Select - - Select -

- Select - - Select -

- Select - - Select -

- Select - - Select -

Question Content Area

b. Journalize the entry to record the payroll tax expense incurred for the week of May 18.

Date Account Debit Credit

May 18

- Select - - Select -

- Select - - Select -

- Select - - Select -

- Select - - Select -

- Select - - Select -

Line Item Description	Amount
Salaries	$554,000
Federal income tax withheld	110,800

Date	Debit	Credit
May 18	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -

Date	Debit	Credit
May 18	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -
	- Select -	- Select -

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