Question

Rachel Green's gross earnings for November were $7,000. Her employer. Morris Company withheld $1,050 for employee federal income taxes, $420 for Social Security taxes, and $105 for Medicare taxes. Morris Company's payroll tax expense for Rachel includes $420 for Social Security taxes, $105 for Medicare taxes, $56 for federal unemployment taxes, and $378 for state unemployment taxes. What is the amount that Morris Company will record to its Salary Expense account for Rachel Green for the month of November? points X 00:12:21

Answer 1

Anz Salary Expense = $ 7ooo with held by mossis Company will not reduce the Satary Expense. It is required by the Employer to witheld and remit it to government If the Employer does not then it is the Expense & Called as payroll Expense with held Employer. payroll taxes Thus it is The the payroll Expense paysall tax Expense and will include Seelary paid by Emploger.