Entries for Payroll and Payroll Taxes

The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.:

Salaries:				Deductions:
	Sales salaries	$183,000			Federal income tax withheld	$66,352
	Warehouse salaries	101,000			Social security tax withheld	22,620
	Office salaries	93,000			Medicare tax withheld	5,655
		$377,000			Retirement savings	8,294
					Group insurance	6,786
						$109,707

Tax rates assumed:
	Social security, 6%
	Medicare, 1.5%
	State unemployment (employer only), 5.4%
	Federal unemployment (employer only), 0.6%

Required:

If an amount box does not require an entry, leave it blank.

1a. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the entry on December 30, to record the payroll.