Instructions Part A: Payment of the Wages, and the Payroll Taxes Part B: Payment of Wages Instructions Example 6-5 The journal entry to record the payroll from Figure 6.1, on pages 6-2 and 6-3, would be: Wages Expense FICA Taxes Payable-OASDI FICA Taxes Payable-HI FIT Payable SIT Payable Group Insurance Payments W/H Cash Example 6-7 Debit Credit 24,762.70 1,535.29 359.06 3,714.00 55.25 54.70 19,044.40 The journal entry to record the payroll tax entry from Figure 6.1 on pages 6-2 and 6-3 would be (assume a SUTA tax rate of 3.0%):