Lexington corporations weekly payroll of 24000 included


Lexington Corporation's weekly payroll of $24,000 included F.I.C.A. taxes withheld of $1,836, federal taxes withheld of $2,990, state taxes withheld of $920, and insurance premiums withheld of $250. Prepare the journal entry to record Lexington's payroll.

Solution Preview :

Prepared by a verified Expert
Financial Accounting: Lexington corporations weekly payroll of 24000 included
Reference No:- TGS0780359

Now Priced at $30 (50% Discount)

Recommended (97%)

Rated (4.9/5)