Jackson Autos has one employee. As of March 30, their employee had already earned $6,250. For the pay period ending April 15, their employee earned an additional $2,080 of gross wages. Only the first $7,000 of annual earnings are subject to FUTA of 0.6% and SUTA of 5.4%. The journal entry to record the employer's unemployment payroll taxes for the period ending April 15, would be:

Multiple Choice

Account NameDebitCreditFederal Unemployment Tax Payable4.50 State Unemployment Tax Payable40.50 Payroll Taxes Expense 45.00Account NameDebitCreditPayroll Taxes Expense82.22 Federal Unemployment Tax Payable 10.40State Unemployment Tax Payable 71.82Account NameDebitCreditPayroll Taxes Expense85.50 Federal Unemployment Tax Payable 45.00State Unemployment Tax Payable 40.50Account NameDebitCreditPayroll Taxes Expense45.00 Federal Unemployment Tax Payable 4.50State Unemployment Tax Payable 40.50