Assume that the payroll is subject to an employers Social Security tax of 6.2 percent on the first $113,700 and a Medicare tax of 1.45 percent on all earnings. Also assume that the federal unemployment tax is 0.6 percent, and that 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.

TAXABLE EARNINGS 2 BEGINNING ENDING SOCIAL SECURITY CUMULATIVE TOTAL CUMULATIVE NAME R. S EARNINGS EARNINGS EARNINGS UNEMPLOYMENT MEDICARE 4 5 Barn 6 Fisk, M. C 7 Hayes, W. O. 8 Lee, L. B 9 Parks, S.J 10 Tempy, E. B 1932.00 567.00 483.00 679.00 578.00 546.00 4,785.00 1932.00 567.00 483.00 679.00 578.00 546.00 4,785.00 1932.00 567.00 483.00 679.00 578.00 546.00 4,785.00 1932.00 567.00 483.00 679.00 578.00 546.00 4,785.00 1932.00 567.00 483.00 679.00 578.00 546.00 4,785.00 12