Homework answers / question archive / Walking Boots Company is a monthly depositor whose December federal

Walking Boots Company is a monthly depositor whose December federal

Accounting

Share With

---

Walking Boots Company is a monthly depositor whose December federal...

Walking Boots Company is a monthly depositor whose December federal taxes are displayed below. Record one journal entry to account for the payment of federal taxes. All tax payments are made in a timely manner on the payment due date (which, for this month, is not impacted by a weekend or holiday).

December Tax Totals

 

Federal Income Tax$604

Employee's Social Security Tax$575

Employee's Medicare Tax$178

Employer's Social Security Tax$575

Employer's Medicare Tax$178