The following totals for the month of April were taken from…
The following totals for the month of April were taken from the payroll records of Metz Company. Metz pays their payroll at the end of the month. They have not made any other entries for these transactions. Salaries$90,000FICA taxes withheld from employees6,885FICA taxes to be paid by the company6,885Income taxes withheld from employees19,800Employee insurance deductions (private insurance)3,600Federal unemployment taxes720State unemployment taxes4,500The accrual of employer’s payroll taxes would include a(n)
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