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Category > Business & Finance Posted 06 May 2017 My Price 5.00

Employee’s State Income Tax Payable

For the quarter ended June 30, Quality Roofing has a credit balance of $28,000 for Employee’s State Income Tax Payable. Assuming the withholdings are deposited on a quarterly basis, prepare the journal entry to record the payment.

 

May 05 2017 05:37 PM

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Alpha Geek
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Status NEW Posted 06 May 2017 10:05 AM My Price 5.00

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file 1494067990-Answer.docx preview (86 words )
F-----------or -----------the----------- qu-----------art-----------er -----------end-----------ed -----------Jun-----------e 3-----------0, -----------Qua-----------lit-----------y R-----------oof-----------ing----------- ha-----------s a----------- cr-----------edi-----------t b-----------ala-----------nce----------- of----------- $2-----------8,0-----------00 -----------for----------- Em-----------plo-----------yee-----------’-----------s S-----------tat-----------e I-----------nco-----------me -----------Tax----------- Pa-----------yab-----------le.----------- As-----------sum-----------ing----------- th-----------e w-----------ith-----------hol-----------din-----------gs -----------are----------- de-----------pos-----------ite-----------d o-----------n a----------- qu-----------art-----------erl-----------y b-----------asi-----------s, -----------pre-----------par-----------e t-----------he -----------jou-----------rna-----------l e-----------ntr-----------y t-----------o r-----------eco-----------rd -----------the----------- pa-----------yme-----------nt.----------- M-----------ay -----------05 -----------201-----------7 0-----------5:3-----------7 P-----------M -----------Ans-----------wer----------- T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- ch-----------at -----------as -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------as -----------a m-----------ess-----------age-----------. I----------- wi-----------ll -----------be -----------sen-----------din-----------g y-----------ou -----------the----------- fi-----------le -----------qui-----------ckl-----------y a-----------nd -----------you-----------
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