P$12\mathrm{.}3$B $($LO $1)($Payroll Tax Entries$)$ Yellow Company pays its office employee payroll weekly.

Below is a partial list of employees and their payroll data for June. Vacation pay for June is also listed.

Assume that the federal income tax withheld is $12\%$ of wages. Union dues withheld are $1\%$ of wages.

Vacations are taken the second and third weeks of June by James and Peng. The state unemployment tax

rate is $2\mathrm{.}5\%$ and the federal is $0\mathrm{.}8\%,$ both on a $$7,000$ maximum. The FICA rate is $7\mathrm{.}65\%$ on employee

and employer on a maximum of $$128,400$ per employee. In addition, a $1\mathrm{.}45\%$ rate is charged both

employer and employee for an employee's wages in excess of $$128,400.$

Instructions

Make the journal entries necessary for each of the four June payrolls. The entries for the payroll and

for the company's liability are made separately. Also make the entry to record the monthly payment of

accrued payroll liabilities on June $30.$