and $160,000 24,300 7,370 9,920 2,320 3. The summary of the payroll for the monthly pay period ending July 15 indicated the following: Salaries Federal income tax withheld Medical insurance withheld Social security tax withheld Medicare tax withheld Journalize the entries for (a) the payroll and (b) the employer's payroll tax expense for the month. The state unemployment tax rate is 3.1%, and the federal unemployment tax rate is 0.8%. Only $25,000 of salaries is subject to unemployment taxes. Account Debit Credit