Zach H.

asked • 05/11/20

Payroll register

The payroll register for Heilman Mfg. for the week of August 20th indicates the following

Salaries $1,500,00

Social Security Tax Withheld $90,000

Medicare Tax Withheld $22,500

Federal Income Taxes Withheld $300,000

In addition, state and federal unemployment taxes were calculated at a rate of 5.4% and 0.8% respectively, on $270,000 of salaries. What would Salaries Payable be for the week of 8/20?

What would Payroll Tax expense be for the same week?

1 Expert Answer


Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.


Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.