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nformation regarding Tory s payroll for its mid - month payroll is as follows: Hourly payroll $ 1 , 5 0 0 , 0 0

nformation regarding Torys payroll for its mid-month payroll is as follows:
Hourly payroll $1,500,000
Salaried payroll $2,000,000
Federal withholdings $300,000
FICA withholdings $200,000
Union dues $20,000
Withholdings for 401(k) contributions $300,000
Torys match for employee 401k contributions was $120,000.
FUTA $10,000
SUTA $12,000
Prepare the journal entry to record the mid-month payroll.

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