CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

LESSON 13-4LESSON 13-4

Paying Withholding and Payroll Taxes

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

PAYING THE LIABILITY FOR EMPLOYEE PAYING THE LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAXMEDICARE TAX page 383

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

FORM 8109, FORM 8109, FEDERAL DEPOSIT COUPONFEDERAL DEPOSIT COUPON page 384

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

JOURNALIZING PAYMENT OF LIABILITY FOR JOURNALIZING PAYMENT OF LIABILITY FOR EMPLOYEE INCOME TAX, SOCIAL SECURITY EMPLOYEE INCOME TAX, SOCIAL SECURITY TAX, AND MEDICARE TAXTAX, AND MEDICARE TAX

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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.

1. Write the date.

2. Write the titles of the three accounts debited.

3. Write the check number.

4. Write the debit amounts.

5. Write the amount of the credit.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

PAYING THE LIABILITY FOR PAYING THE LIABILITY FOR FEDERAL UNEMPLOYMENT TAXFEDERAL UNEMPLOYMENT TAX page 386

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

JOURNALIZING PAYMENT OF LIABILITY JOURNALIZING PAYMENT OF LIABILITY FOR FEDERAL UNEMPLOYMENT TAXFOR FEDERAL UNEMPLOYMENT TAX

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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.

5. Write the amount of the credit to Cash.

4. Write the debit amount.

3. Write the check number.

2. Write the title of the account debited.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

JOURNALIZING PAYMENT OF LIABILITY JOURNALIZING PAYMENT OF LIABILITY FOR STATE UNEMPLOYMENT TAXFOR STATE UNEMPLOYMENT TAX page 387

January 31. Paid cash for state unemployment tax liability for quarter ended December 31, $233.55. Check No. 368.

1. Date

5. Credit amount

4. Debit amount

3. Check number

2. Account debited

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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

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LESSON 13-4

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