Calculate the employer's payroll taxes expense. Round your answer to the nearest cent.

2.Prepare the journal entry as of March 12, 20--, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare tax is 1.45%. If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank.

Earnings for several employees for the week ended March 12, 20--, are as follows:

1. What is the employers payroll taxes expense?
2. I don't understand what to enter in the debit and credit areas of the general journal. I see the instructions sheet but I don't know what to enter into the debit and credit columns.

:alculation and Journal Entry for Employer Payroll Taxes 1. Calculate the employer's payroll taxes expense. Round your answer to the nearest cent. 2. Prepare the journal entry as of March 12, 20-, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Vledicare tax is 1.45%. If required, round your answers to the nearest cent. Ifan amount box does not require an entry, leave it blank. Earnings for several employees for the week ended March 12, 20-, are as follows: Taxable Earnings Current Unemployment Social Employee Name Earnings Compensation Security Aus, Glenn E. $660 $200 $660 Diaz, Charles K. 350 360 350 Knapp, Carol S. 1,180 - 1,180 Mueller, Deborah F. 830 125 830 Yeager, Jackie R. 920 35 920 1. Calculate the employer's payroll taxes expense. Round your answer to the nearest cent. C 2. Prepare the journal entry as of March 12, 20--, assuming that FUTA tax is 0.6%, SUTA tax is 5.4%, Social Security tax is 6.2%, and Medicare tax is 1.45%. If required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DNo' FEE? DEBIT CREDIT 1 2 -- Mar. 12 V C] C] 1 2 ' l:] l:] 2 3 ' l:] l:] 3 4 ' l:] l:] 4 5 ' l:] l:]