Boston Business Daily

How do you journalize a payroll?

I couldn't find a good example online of journalizing a payroll. I also need an example of recording employer's payroll tax liabilities. Thanks : )

Public Comments

1. This page from the Accounting For Non-Accountants blog might help: http://reallifeaccounting.com/blog/articles/199.aspx
2. Here's a couple Payroll service taking care of entire payroll Dr. Salaries Expense Dr. Payroll Taxes D. Payroll Fees Cr. Cash Or if you don't have a payroll service, but do it yourself Dr. Salaries Expense Dr. Payroll Taxes Cr. Federal Withholding Payable Cr. State Withholding Payable Cr. Social Security Withholding Payable Cr. Medicare Withholding Payable Cr. Social Security Employer Tax Payable Cr. Medicare Employer Tax Payable Cr. Federal Unemployment Tax Payable Cr. State Unemployment Tax Payable Cr. Other Employer Taxes Payable Cr. Cash