P10-3A

Recording Payroll and Payroll Taxes Beamon Corporation had the following payroll for April:

Officers' salaries	$34,000
Sales salaries	67,000
Federal income taxes withheld	19,000
FICA taxes withheld	7,500
Health insurance premiums withheld	1,800
Union dues withheld	1,200
Salaries (included above) subject to federal unemployment taxes	55,000
Salaries (included above) subject to state unemployment taxes	58,000

Prepare journal entries on April 30 to record:

a. Accrual of the monthly payroll

b. Payment of the net payroll

c. Accrual of employer's payroll taxes. (Assume that the FICA tax matches the amount withheld, the federal unemployment tax is 0.6 percent, and the state unemployment tax is 5.4 percent.)

d. Payment of all liablities related to this payroll. (Assume that all are settled at the same time.)