Ch9. Video 9 - Employer Payroll Tax example

The video tutorial explains how to calculate and journalize payroll tax expenses from the employer's perspective. It covers the calculation of FICA Social Security and Medicare taxes, as well as state and federal unemployment taxes (Pseudo and Feuda). The tutorial also demonstrates how to create the corresponding journal entries for these expenses. The video concludes with a brief overview of what will be covered in the next video, focusing on additional employer contributions.

What is the total payroll tax expense calculated for Ms. Cruz?

Describe the journal entry process for recording payroll tax expenses.