Exercise 10.7 (Algo) Journalizing payroll transactions. LO 10-7 On July 31, the payroll register for White Sales Company showed the following totals for the month: gross earnings, $38,000: social security tax. $2.356.00, Medicare tax, $551.00: Income tax, $3.008.47: and net amount due. $32.084.53. Of the total earnings. $30138.46 was for sales salaries and $7.861.54 was for office salaries. Prepare a general journal entry to record the monthly payroll of the firm on July 31. (Round your final answers to 2 decimal places.) View transaction Est Journal entry worksheet Record the payroll expense and related taxes payable. Date July 31 General Journal Debit Credit Racord entry Clear antry View get Journal