Answer:
debit to payroll tax for $798
Explanation:
From the given information:
The following totals for the month of April were taken from the payroll register of Durbin Company.
Salaries $12,000
Social security and Medicare taxes withheld 550
Employees federal income taxes withheld 2500
Medical insurance deductions 450
Federal unemployment taxes 32
State unemployment taxes 216
The objective is to determine the journal entry to record the payroll tax expense on April 30
Let;s recall that for taxes charged in employers; the following taxes will be considered:
Social security and Medicare taxes
Federal unemployment taxes
State unemployment taxes
Thus;
The journal entry to record the payroll tax expense on April 30 can be prepared as:
Account Debit Credit
Payroll tax expense 798
Social security and Medicare taxes 550
Federal unemployment taxes 32
State unemployment taxes 216
Hence;
The journal entry to record the payroll tax expense on April 30 would include a debit to payroll tax for $798
