Dr. Cr. > > Recording Payroll and Related Deductions Urban Fit Corporation paid salaries and wages of $273,220 to its employees for the month. Of this amount, $7,220 was paid to employees who had already exceeded wages of $243,960. Also, $83,220 was paid to employees who had already been paid the SUTA maximum. FICA employee withholdings consist of a social security tax of 6.20% on the first $243,960 earned, plus a Medicare tax of 1.45% on all wages. Urban Fit pays employer taxes as follows: its required FICA contribution, plus a FUTA tax of 6.0% on wages up to the SUTA maximum. Of this amount, 5.4% is payable to the state and 0.6% is payable to the U.S. Treasury. Employee income tax withholding was $66,500. Deductions included: union dues (in conformity with the union agreement) $5,700, and insurance premiums, $22,800. Required Provide the entries to: a. Record liabilities for payroll deductions. b. Record payroll tax expenses. C. Record remittance of payroll obligations, including salaries payable to employees. Note: Round your answers to the nearest whole dollar. Note: List multiple debits or credits (when applicable) in alphabetical order. Account Name a. Salaries Expense 273,220 FICA Taxes Payable 20,454 Insurance Premium Payable 22,800 Salaries Payable 157,766 Union Dues Payable 5,700 Withholding Taxes Payable 66,500 b. Payroll Tax Expense FICA Taxes Payable FUTA Taxes Payable 1,140 SUTA Taxes Payable 10,260 c. FICA Taxes Payable 20,454 X FUTA Taxes Payable 1,140 0 Insurance Premium Payable 22,800 SUTA Taxes Payable Union Dues Payable Withholding Taxes Payable 66,500 305,074 x To record payments for taxes and payroll withholdings Salaries Payable 157,766 Cash 157,766 To record payment to employees > 07 31,854 0 . 20,454 0 0 e 10,260 e > 5,700 0 . Cash > > . > > 0