The payroll register of Castilla Heritage Co. indicates $1,920 of social security withheld and $480 of Medicare tax withheld on total salaries of $32,000 for the period. Federal withholding for the period totaled $5,440.
Retirement savings withheld from employee paychecks were $2,600 for the period.
Required:
Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.

Answer and Explanation:

The Journal entry is following below:

Salary Expense Dr,$32,000

      To Social Security Tax Payable $1,920

       To Medicare Tax Payable $480

       To  Federal Withholding Tax Payable  $5,440

       To Retirement Contribution Payable  $2,600

        To Salaries Payable $21,560

(Being period's payroll is recorded)

Therefore, we debited the salary expenses as expenses is increasing while we credited the social security taxes payable, medicare tax payable, federal withholding tax payable, retirement contribution payable and salaries payable as its increasing the liabilities.

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: