eBook Show Me How Calculator Journal Entries for Payment of Employer Payroll Taxes Angel Ruiz owns a business called Ruiz Construction Co. He does his banking at Citizens National Bank in Portland, Oregon. The amounts in his general ledger for payroll taxes and the employees' withholding of Social Security, Medicare, and federal income tax payable as of April 15 of the current year are as follows: Social Security tax payable (indudes both employer and employee) $11,250 Medicare tax payable (includes both employer and employee) 2,625 FUTA tax payable 560 SUTA tax payable 3,990 Employee income tax payable 6,825 Journalize the quarterly payment of the employee federal income taxes and Social Security and Medicare taxes on April 15, 20--, and the payments of the FUTA and SUTA taxes on April 30, 20-- If an amount box does not require an entry, leave it blank. DATE ACCOUNT TITLE DOC. POSTED NO. REF. DEBIT DEBIT Page: CREDIT 1 20-- Apr. 15 OWN Deposit of employee federal income tax and Social Security and Medicare taxes 7 30 3,990 Employee income tax payable 6,825 Journalize the quarterly payment of the employee federal income taxes and Social Security and Medicare taxes on April 15, 20--, and th payments of the FUTA and SUTA taxes on April 30, 20-- If an amount box does not require an entry, leave it blank. DATE Page: ACCOUNT TITLE DOC. POST. DERIT NO. REF. CREDIT 1 20-- Apr. 15 N Deposit of employee federal income tax and Social Secunty and Medicare taxes 3w 000 Paid FUTA tax 11 30 Paid SUTA tax