During the month of January, an employee earned $4,500 of salary. Withholdings from the employee's salary consist of FICA Social Security taxes of $279.00, FICA Medicare taxes of $65.25, federal income taxes of $479.25, and medical insurance deductions of $191.25. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. Note: Round your final answers to 2 decimal places.

During the month of January, an employee earned $4,500 of salary. Withholdings from the employee's salary consist of FICA Social Security taxes of $279.00, FICA Medicare taxes of $65.25, federal income taxes of $479.25, and medical insurance deductions of $191.25. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. Note: Round your final answers to 2 decimal places.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 4PA

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