Sun Ridge,Inc.reported the following information in its accounting records on December 31,2018:
The employees were paid $10,224 on December 31,2018,but the withholdings have not yet been remitted nor have the matching employer FICA contributions.
Required:
Part a.Compute the total payroll costs relating to the period from December 29-31.(Assume $1,008 in total unemployment taxes. )
Part b.Provide the journal entries on December 31 to adjust for salaries and wages relating to December 29-31,2018.
Part c.Provide the journal entries on December 31 to adjust for payroll taxes relating to December 29-31,2018.
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