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Swiftys gross earnings for the week were $1,050, his federal income tax with-holding was $302, and his FICA total was $80. W

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Answer #1

Swifty's net pay for the week = Gross earnings - Federal income tax withholding - FICA tax

= 1,050 - 302 - 80

= $668

Journal

Salaries and wages expense

1,050

FICA taxes payable

80

Federal income tax payable

302

Salaries and wages payable

668

Journal

Salaries and wages payable 668
Cash 668

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