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Sagot :
The journal entry to record the accrual of employer's payroll taxes would include debit to the Payroll tax expense for $11,660.
Here, we are preparing the entry for the employer's payroll tax expense.
Journal Entry
Account titles Debit Credit
Payroll tax expense $11,660
Fica tax payable $9,180
Federal unemployment Payable $320
State unemployment Payable $2,160
Therefore, journal entry to record the accrual of employer's payroll taxes would include debit to the Payroll tax expense for $11,660.
Miissing word includes "The following totals for the month of April were taken from the payroll records of Noll Company. $120,000 9,180 25,000 Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions4,500 Federal unemployment taxes320 State unemployment taxes The entry to record accrual of employer's payroll taxes would include a 2,160 o debit to Payroll Tax Expense for $2.480. debit to Payroll Tax Expense for $11.660. ) credit to FICA Taxes Payable for $18.360 il), credit to Payroll Tax Expense for $2.480 "
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