of the monthly satary is subyect to FUTA and SUTA. Fecord debits first, then credis. Soloct the oxplanation on the last line of the joumal entry table.) [1) (Cick the icon to viow poyroll tax rale information) ) Begin with the entry to accrue salaries eupense and payroli witholdings for the enployee. Next, record the entry to accrue employer payroll taxes for Newton Company. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned