Payroll:

$6.$ Cargo's employees earn $100,000.$ Withholdings are $7,650$ for social security $($FICA$),21,864$ for federal income tax, and $2,922$ for state withholdings. Do a journal entry to record the monthly payroll. Cargo Corporation records its payroll for the week of March $7.$

$7.$ Cargo then records payment of this payroll on March $7$ as follows

Based on Cargo Corp.$\text{'}$s $$100,000$ payroll, the company would record the employer's expense and liability for these payroll taxes as follows. Current unemployment taxes are $800$ for federal and $5400$ for state. Prepare a journal entry to record payroll tax expense