Deposit Of Employment Taxes
After writing the paycheck, the employer wants to deposit the federal and state employment taxes. The balances in the employment-related employment liability accounts are as follows:
| LIABILITY ACCOUNT | BALANCE |
| [Payroll-FWH] | 145.00 |
| [Payroll-FICA] | 223.20 |
| [Payroll-MCARE] | 52.20 |
| [Payroll-SWHOH] | 39.20 |
The checks for these employment taxes written from the FARM CHECKING account are:
| Date | Num | Payee | Memo | Category | Amount |
| 1/31/XX | 112 | Internal Revenue Service | --SPLIT-- | 420.40 | |
| **Split Screen Detail** | |||||
| Category | Amount | ||||
| 1. [Payroll-FWH] | 145.00 | ||||
| 2. [Payroll-FICA] | 223.20 | ||||
| 3. [Payroll-MCARE] | 52.20 | ||||
| 1/31/XX | 113 | Ohio Dept. of Taxation | [Payroll-SWHOH] | 39.20 | |
After writing these checks the balance in the employer-related liability accounts will be zero.