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Discuss which payroll taxes are the responsibility of the employee and which are the responsibility of the employer. Be certain to include how you would

Discuss which payroll taxes are the responsibility of the employee and which are the responsibility of the employer. Be certain to include how you would record these entries.

Joe is paid, in cash, $1,000 for the week just ended.Use the following information to determine Joe's take home pay and the total payroll, federal and state, tax expense for the company Joe works for.

Federal Income tax3% of gross pay

State Income tax2% of gross pay

Social Security tax6.2% of gross pay

Medicare tax1.45% of gross pay

State Unemployment Tax5.4% of gross pay

Federal Unemployment Tax.8% of gross pay

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