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DATE 1 20-- Apr. 15 2 \JO'L-h- 30 L900 Paid FUTA tax 11 30 12 13 Paid SUTA tax ((4 7 Deposit of emplayee federal income tax and Social Security and...

Angel Ruiz owns a business called Ruiz Construction Co. He does his banking at Citizens National Bank in Portland, Oregon. The amounts in his general ledger for payroll taxes and the employees' withholding of Social Security, Medicare, and federal income tax payable as of April 15 of the current year are as follows:Screen Shot 2018-05-08 at 4.31.26 PM.pngScreen Shot 2018-05-08 at 4.30.31 PM.png

Screen Shot 2018-05-08 at 4.30.31 PM.png

DATE 1 20-- Apr. 15
2 \JO‘Lfl-h- 30 L900 Paid FUTA tax 11 30 12
13 Paid SUTA tax ((4 7 Deposit of emplayee federal income tax and Social Security and Medicare taxes v v DOC. POST. ACCOUNT 'ITI'LE NO. REF. DEBIT HH HM |HHH W W |HHH raga. CREDIT \lCth-AWN

Screen Shot 2018-05-08 at 4.31.26 PM.png

Journal Entries for Payment of Employer Payroll Taxes Angel Ruiz owns a business called Ruiz Construction Co. He does his banking at Citizens National Bank in Portland, Oregon. The amounts in his general ledger for payroll taxes and the employees'
withholding of Social Security, Medicare, and federal income tax payable as of April 15 of the current year are as follows: Social Security tax payable (includes both employer and employee) $11,250
Medicare tax payable (includes both employer and employee) 2,625
FUTA tax payable 620
SUTA tax payable 4,050
Employee income tax payable 6,825 Journalize the quarterly payment of the employee federal income taxes and Social Security and Medicare taxes on April 15, 20--, and the payments of the FUTA and SUTA taxes on April 30, 20--. If an amount box does not require an entry, leave it blank. Deposit of employee federal income tax and Social Security and Medicare laxes Page:
DATE ACCOUNTTlTLE ”'88 FEET DEBIT CREDIT 1 ZOv-Apr. 15 ' _ [_j 1
2 V _ L] 2
3 ' : l: 3
4 ' : :1 4
5 5
6 6

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