Payroll Entries

Widmer Company had gross wages of $300,000 during the week ended June 17. The amount of wages subject to social security tax was $270,000, while the amount of wages subject to federal and state unemployment taxes was $38,000. Tax rates are as follows:

Social security	6.0%
Medicare	1.5%
State unemployment	5.3%
Federal unemployment	0.8%

The total amount withheld from employee wages for federal taxes was $60,000.

If an amount box does not require an entry, leave it blank.

Question Content Area

*Pretty sure only payroll tax expense and state unemployment tax payable are incorrect*

b. Journalize the entry to record the payroll tax expense incurred for the week of June 17. Payroll Tax Expense 22,568 Social Security Tax Payable 16,200 Medicare Tax Payable ll 4,500 State Unemployment Tax Payable 2,014 Federal Unemployment Tax Payable 304