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LESSON 13-4

LESSON 13-4. Paying Withholding and Payroll Taxes. PAYING THE LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX. page 383. FORM 8109, FEDERAL DEPOSIT COUPON. page 384. JOURNALIZING PAYMENT OF LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX.

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LESSON 13-4

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  1. LESSON 13-4 Paying Withholding and Payroll Taxes

  2. PAYING THE LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX page 383 LESSON 13-4

  3. FORM 8109, FEDERAL DEPOSIT COUPON page 384 LESSON 13-4

  4. JOURNALIZING PAYMENT OF LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAX page 385 January 15. Paid cash for liability for employee income tax, $757.00; social security tax, $1,451.38; and Medicare tax, $339.42; total, $2,547.80. Check No. 347. Emp. Inc. Tax Payable Soc. Sec. Tax Payable Medicare Tax Payable Cash 757.00 Bal. 757.00 1451.38 Bal. 1451.38 339.42 Bal. 339.42 2547.80 LESSON 13-4

  5. PAYING THE LIABILITY FOR FEDERAL UNEMPLOYMENT TAX page 386 LESSON 13-4

  6. JOURNALIZING PAYMENT OF LIABILITY FOR FEDERAL UNEMPLOYMENT TAX page 387 January 31. Paid cash for federal unemployment tax liability for quarter ended December 31, $34.60. Check No. 367. 1. Write the date. 2. Write the title of the account debited. 3. Write the check number. 4. Write the debit amount. 5. Write the amount of the credit to Cash. LESSON 13-4

  7. JOURNALIZING PAYMENT OF LIABILITY FOR STATE UNEMPLOYMENT TAX page 387 January 31. Paid cash for state unemployment tax liability for quarter ended December 31, $233.55. Check No. 368. State 1. Date 233.55 Jan. 31 Bal 233.55 2. Account debited 3. Check number 233.55 4. Debit amount 5. Credit amount LESSON 13-4

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