Question - Jim Phillips Consulting reports the following in his payroll register for December 2009. The company makes monthly tax deposits.
|
Pay Period End
|
Employee Deduction for
|
|
Social Security
|
Medicare
|
Federal Income Tax
|
|
Dec. 6
|
$552.13
|
$129.13
|
$1,380.33
|
|
Dec. 13
|
623.87
|
145.91
|
1,559.68
|
|
Dec. 20
|
453.16
|
105.98
|
1,132.90
|
|
Dec. 27
|
527.76
|
123.43
|
1,319.40
|
Required - Prepare the general journal entry to record Jim Phillips' deposit of its federal income tax, withholdings and FICA taxes (employee and employer portions) for the month of December 2009.