Problem 13-3 Cedarville Company pays its office employee payroll weekly. Below is a partial list of employees and their payroll data for August. Because August is their vacation period, vacation pay is also listed.

Assume that the federal income tax withheld is 10% of wages. Union dues withheld are 2% of wages. Vacations are taken the second and third weeks of August by Robbins, Kirk, and Sprouse. The state unemployment tax rate is 2.5% and the federal is 0.8%, both on a $8,120 maximum. The FICA rate is 7.65% on employee and employer on a maximum of $107,920 per employee. In addition, a 1.45% rate is charged both employer and employee for an employees wages in excess of $107,920. Make the journal entries necessary for each of the four August payrolls. The entries for the payroll and for the companys liability are made separately. Also make the entry to record the monthly payment of accrued payroll liabilities. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Vacation Pay to Be Received in August Earnings to Weekly Pa Employee July 31 Mark Hamill Karen Robbins Brent Kirk Alec Guinness Ken Sprouse $5,320 4,620 3,820 8,520 9,120 $290 240 200 340 420 $480 400 840