Accounting

Here is another question I am having trouble with, please help!!!!

3. The following totals for the month of March were taken from the payroll registrar of
the X company:

Salaries (all subject to social
security & Medicare taxes $14,000
Federal income taxes withheld 3,500
Medical insurance deductions 700
Life insurance deductions 400
Salaries subject to unemployment taxes 11,000
Medicare tax rate 1.45%
Social security tax rate 6.20%

Prepare journal entries to record the following. Round amounts to the nearest dollar.

  1. 👍 0
  2. 👎 0
  3. 👁 60
asked by Angel

Respond to this Question

First Name

Your Response

Similar Questions

  1. accounting class

    Prepare a post-closing trial balance at April 30, 2008 for Goode Company.You can place summation formulas to compute totals at the end of debit and credit columns. Otherwise, you can compute totals using a calculator, then enter

    asked by j cox on February 14, 2010
  2. Math plz help

    In the town of Mayfield, the precipitation totals are set to zero at the beginning of each year. Because of a drought early in the year, the totals on March 31st were below normal at -27 inches. The next three months were very

    asked by Eden S. on December 15, 2013
  3. accounting

    6. Which of the following is not a processing control? A) Record counts B) Control totals C) Hash totals D) Check digits I think it should be C but am not certain. Can anyone assist?

    asked by Debbie on June 23, 2009
  4. Chemistry

    Hello, I'm having some trouble getting started on this question: "Calculate the volume and mass required to make 0.1 M solutions of Propionic Acid (1.0 M) and Sodium Propanoate (96.06 g/mol)" I would normally not have trouble

    asked by Leo on March 3, 2015
  5. speech/english

    this is kinda similar to last nights question We have to write an introduction, thesis, and now part of the body My topic was if I could do anything without getting in trouble, what would it be? My introduction is life is a risk

    asked by jerson on March 31, 2009
  6. Integrated math

    A meteorologist tracked the increase and decrease of rain totals in inches from the previous year. This is the data for the following 4 months: January -1.34, February +2.68, March + 1.79, April -0.87. Estimate the change from the

    asked by Andrew on November 3, 2010
  7. Principles of Accounting I - 29

    The beginning capital of the business totals $4,000. If the net income for the period totals $14,000 and the withdrawals by the owner total $3,000, what will be the new capital balance reported?

    asked by mary on November 23, 2013
  8. Statistics

    We are working on pivot tables with grouping. I have no trouble creating a table with variables and totals however, I cannot figure out how I can include Relative Frequencies and Percentage frequencies in the same pivot table - as

    asked by Shellie on August 29, 2009
  9. math- mean value theorem

    Hi I am having some trouble with these few quetions I would appreciate some help so that I can understand them better. 1) What, if anything, does the mean value theorem guarantee for the given function on this interval? a) f(x) =

    asked by manny on September 7, 2007
  10. Biology

    I had a Bio lab about gel electrophoresis and PCR. for each lab, we have to make up thoughtful, detailed questions. You don't have to answer the questions so please don't go through the trouble by answering them. The first

    asked by Anonymous on December 1, 2009

More Similar Questions