Payroll Tax Entries According to a summary of the payroll of Guthrie Co, $593,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $20,000 was subject to state and federal unemployment taxes. a. Compute the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%. Fepthack F check My Work Remember that there is typically a maximum ansount of earnings subject to state and federal unempioyment taxes b. Joumalize the entry to record the acerual of payroll taxes. If an amount box does not require an entry, leave it blank. Feedhack TCieck My Work Payroll Entries Urban Window Company had gross wages of $336,000 during the week ended July 15 . The amount of wages subject to social security tax was $302,400, while the amount of wages subject to federal and state unemployment taxes was $42,000. Tax rates are as follows: The total amount withheld from employee wages for federal taxes was $67,200. a. Journalize the entry to record the payroll for the week of July 15 . If an amount box does not require an entry, leave it blank. feedback r check My Wonk Gross pay is the amount that employees have eamed before taxes and deductions. A portion of employees' earnings are owed for such items as state and federal taxes. Net oav is also known as take home pav