For the year ended December 31, 2017, D. Pienkos Company reports the following summary payroll data.
Gross earnings:
Administrative salaries..............................$150,000
Electricians' wages....................................340,000
Total...................................................$490,000
Deductions:
FICA taxes............................................$ 35,005
Federal income taxes withheld.....................108,000
State income taxes withheld (2.6%)..................12,740
United Fund contributions payable..................25,000
Hospital insurance premiums..........................26,800
Total...................................................$207,545
D. Pienkos Company's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $450,000 and gross earnings subject to unemployment taxes total $110,000.
Instructions
(a) Prepare a summary journal entry at December 31 for the full year's payroll.
(b) Journalize the adjusting entry at December 31 to record the employer's payroll taxes.
(c) The W-2 Wage and Tax Statement requires the following dollar data.

Complete the required data for the following employees.
Employee Gross Earnings Federal Income Tax Withheld
S. Brand...........................$56,000....................................$18,500
R. Morin.............................27,000.....................................11,000

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Wages, Tips, Other Compensation Federal Income Stt Income FICA FICA Tax Tax Withheld Tax Withheld Wages Withheld