Provide the journal entry to record the payroll tax expense


The payroll register of Seaside Architecture Company indicates $870 of Social Security and $217 of Medicare tax withheld on total salaries of $14,500 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5,250. at the federal rate of 0.8% and state rate of 5.4%. Provide the journal entry to record the payroll tax expense for the period.

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Accounting Basics: Provide the journal entry to record the payroll tax expense
Reference No:- TGS056504

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