11A CH6 PR3,4,9,11,15 eBook taxable under FICA, FUTA, and SUTA. The state contribution rate for the company is 3.6%. The The employees of Donnelly Music Company earn total wages of $4,630 during January. The total amount amount withheld for federal income taxes is $695. Payment of the Monthly Wages, and the Payroll Taxes Journalize the payment of the monthly wages, and record the payroll taxes. If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent. Account Debit Credit Payment of monthly wages Wages Expense 67,000 X 0 FICA Taxes Payable-OASDI 1,063.30 FICA Taxes Payable-HI 94.69 Employees FIT Payable 980 Cash 5,050.46 Payroll taxes Payroll Taxes 6,999.93 FICA Taxes Payable-OASDI 0 FICA Taxes Payable-HI 0 FUTA Taxes Payable SUTA Taxes Payable 0