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Gross wages at the Timberwolf Company are $100,000. The Social Security tax rate is 6.0% The Medicare tax rate is 1.5% Amount withheld from employee

Gross wages at the Timberwolf Company are $100,000.

The Social Security tax rate is 6.0%

The Medicare tax rate is 1.5%

Amount withheld from employee paychecks for the United Way, a charitable organization, is $2,000.

Amount withheld from employee paychecks for retirement savings is $4,000.

Make the journal entry (debit and credits) for recording the payroll.

please show your work, thank you

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