Payroll tax entries Instructions Chart of Accounts Starting Question Journal 3 Instructions According to a summary of the payroll of Guthrie Co., S760,000 was subject to the 6.0% social security tax and the 15% Medicare tax. Also, $44,000 was subject to state and federal unemployment taxes Required: A Calculate the employer's payroll taxes, using the following rates state unemployment, 54%, federal unemployment 0.6% B. On December 31, journalize the entry to record the accrual of payroll taxes. Refer to the Chart of Accounts for exact wording of account titles. Previous Next Check My Work 1 more Check My Work uses remaining All work saved. Email Instructor Submit Test for Gradir 204 PM 10% o e @ - 4/19/2020