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Pablo's Mexican Restaurant incurred salaries expense of $60,000 for 2018. The payroll expense includes employer FICA x In addition to state unemployment tax and federal

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Pablo's Mexican Restaurant incurred salaries expense of $60,000 for 2018. The payroll expense includes employer FICA x In addition to state unemployment tax and federal unemployment tax of the total salaries $18,000 is subject to unemployment tax. Also, the company provides the following benefits for employees health insurance cost to the company $2.000). We insurance cost to the company, 5420), and retirement benefits (cost to the company, 7% of salaries expense) (Click the loon to view payroll tax rate information) Read the requirements More Info Requirement 1. Joumalize Pablo's expenses for employees Begin with the entry to secue Pablo's employer payrolles from ouma ties) Accounts For al payroll calculations, use the following tax rates and round amounts to the newestcent Employee OASDE 6.2% on first $118.500 earned. Medicare: 145% up to $200,000, 2.35% on anings above $200,000 Employer OASO 62on frut $118.500 named per employee Medicare: 1A5% on all rings FUTA 0.0% on first $7,000 eamed ampley SUTA 64% on first $7,000 earned peremployee Date Now record the accrual of Pablo's employee benefit expense Print Done Date Accounts Choose from any ist or enter any number in the input fields and then continue to thanato Requirement 1. Joumalize Pablo's expenses for employee benefits and for payroll taxes. Explanations are not required. Begin with the entry to accrue Pablo's employer payroll taxes. (Round all amounts to the nearest cent. Record debits first, then credits. Exclude explanations from joumal entries.) Debit Credit Date Accounts Now record the accrual of Pablo's employee benefit expenses. Date Accounts Debit Credit Requirement 2. What was Pablo's total expense for 2018 related to payroll? Select the labels associated with total payroll expense, and then enter in the corresponding amounts. (Round at amounts to the nearest cent. Il a box is not used in the table leave the box empty, do not select a label or enter a zero Total payroll expense

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