Entries for payroll and payroll taxes Instructions Chart of Accounts General Journal Instructions The following information about the weekly payroll was obtained from the records of Boltz Co Salaries: Sales salaries Deductions: $540,000 Income tax withheld $160,000 Warehouse salaries 155,000 US savings bonds 10,500 Office salaries 85,000 Group insurance $780,000 9,000 Tax rates assumed: Social security 6% State unemployment (employer only) 5.4% Medicare 1.5% Federal unemployment (employer only) 0.8% Required: 1 Assuminn that the navrnil related to the first full week of the mac and was paid no lanuary 7 inumalize the Sollosion entries