Kip Bowman is owner and sole employee of KB Corporation. He pays himself a salary of $1,650 each week.

Additional tax information includes:
FICA taxOASDI		6.2% on first $127,200
FICA taxHI		1.45% on total pay
Federal income tax		$247.50 per pay
State income tax		22% of the federal income tax withholding
Federal unemployment tax		0.6% on first $7,000
State unemployment tax		0.05% on first $14,000
Additional payroll deductions include:
401(k) plan		3% per pay
Child support garnishment		$120 per pay
Health insurance premium		$90 per pay

Payment of Wages and Payroll Taxes

Record the payroll entry and payroll tax entry for the pay of the week ended June 1 (his year-to-date pay is $34,650).

If an amount box does not require an entry, leave it blank or enter "0". Round your answers to the nearest cent.

	Account	Debit	Credit
Payment of wages	Wages Expense
	FICA Taxes Payable-OASDI
	FICA Taxes Payable-HI
	Employees FIT Payable
	Employees SIT Payable
	Retirement Plan Contributions Payable
	Garnishment Payable
	Health Insurance Premiums Payable
	Cash
Payroll taxes	Payroll Taxes
	FICA Taxes Payable-OASDI
	FICA Taxes Payable-HI