FICA Taxes Payable

$540

Federal Income Taxes Payable

1,100

State Income Taxes Payable

210

Federal Unemployment Taxes Payable

54

State Unemployment Taxes Payable

365

Union Dues Payable

200

U.S. Savings Bonds Payable

300

10

Sent check for $200 to union treasurer for union dues.

12

Remitted check for $1,640 to the Federal Reserve bank for FICA taxes and federal income taxes withheld.

15

Purchased U.S. Savings Bonds for employees by writing check for $300.

17

Paid state income taxes withheld from employees.

20

Paid federal and state unemployment taxes.

31

Completed monthly payroll register, which shows salaries and wages $42,000, FICA taxes withheld $3,213, federal income taxes payable $2,540, state income taxes payable $500, union dues payable $300, United Fund contributions payable $1,300, and net pay $34,147.

31

Prepared payroll checks for the net pay and distributed checks to employees.