Maxil Company’s partial payroll register for the week ended Jan- P.0.1 uary 7 is shown below.

Assume that the payroll is subject to a Social Security tax of 6.2 percent of the Journalize the entry for payroll tax first $62,700 and a Medicare tax of 1.45 percent on all earnings. Also assume expense.
that the federal unemployment tax is .8 percent of the first $7,000, and the state unemployment tax is 5.4 percent of the first $7,000. Give the entry in general journal form to record the payroll tax expense.

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BEGINNING TOTAL NAME HOURS CUMULATIVE EARNINGS TOTAL. EARNINGS ENDING CUMULATIVE EARNINGS UNEMPL TAXABLE EARNINGS SOCIAL SECURITY MEDICARE 1 Boyd, D. C. 46 74200 74 200 74 200 74 200 74200 2 Clark, L. O. 32 30400 30400 304 00 30400 30400 3 Falk, M. C. 40 38000 4 Gunn, A. R. 40 38000 5 Helm, R. D. 40 38000 38000 38000 38000 6 Judd, N. A. 37 7 35 200 2538 00 352 00 25 3800 38000 380 00 38000 35 200 253800 35 200 25 3800 35 200 25 3800 38000 38000 38000 38000 38000 38000 8