Concept explainers
On September 30, Cody Company’s selected account balances are as follows:
In general journal form, prepare the entries to record the following:
Oct. 15 Payment of liabilities for FICA taxes and the federal income tax.
31 Payment of liability for state
31 Payment of liability for federal unemployment tax.
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- College Accounting (Book Only): A Career ApproachAccountingISBN:9781337280570Author:Scott, Cathy J.Publisher:South-Western College PubCollege Accounting (Book Only): A Career ApproachAccountingISBN:9781305084087Author:Cathy J. ScottPublisher:Cengage LearningCollege Accounting, Chapters 1-27 (New in Account...AccountingISBN:9781305666160Author:James A. Heintz, Robert W. ParryPublisher:Cengage Learning
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