Sections:

Payroll Liabilities and Tax Records, Page 20

Posting the Payment of Payroll Liabilities

Once the payment procedures are over, the employer’s payroll liabilities are journalized and the entries are posted to the appropriate general accounts.

Federal Income Tax Payable

federal income tax payable


State Income Tax Payable

state income tax payable


Social Security Tax Payable

social security tax payable


Medicare Tax Payable

medicare tax payable



Hospital Insurance Payable

hospital insurance payable