After the JPR Corporation Paid Its Employees on May 15,2016,and

Essay

After the JPR Corporation paid its employees on May 15,2016,and recorded the corporation's share of payroll taxes for the payroll paid that date,the firm's general ledger showed a balance of $1,730 in the Social Security Tax Payable account,a balance of $356 in the Medicare Tax Payable account,and a balance of $1,972 in the Employee Income Tax Payable account.On May 16,2016,the business issued a check to deposit the taxes owed in the local bank.Record this transaction on page 7 of a general journal.