Question 2 of 5 - / 1 Buffalo 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. Vacation Pay to Be Received in August Earnings to July 31 $5,100 4,400 3,600 8,300 8,900 Weekly Pay $260 210 Employee Mark Hamill Karen Robbins Brent Kirk Alec Guinness Ken Sprouse $420 340 170 310 390 780 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 federalis 0.8%, both on a $7,000 maximum. The FICA rate is 7.65% on employee and employer on a maximum of $128,400 per employee. In addition, a 1.45% rate is charged both employer and employee for an employee's wages in excess of $128,400. Make the journal entries necessary for each of the four August payrolls. The entries for the payroll and for the company's 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 O for the amounts. Credit account titles are Debit Credit Account Titles and Explanation Salaries and Wages Expense Withholding Taxes Payable FICA Taxes Payable Union Dues Payable Cash (To record Payroll 1.) Payroll Tax Expense FICA Taxes Payable ? ? (To record Payroll taxes for Payroll 1.) (To record payrolls 2 and 3.) (To record payroll taxes for Payrolls 2 and 3.) (To record payroll 4.) (To record payroll 4.) (To record payroll taxes for payroll 4.) (To record the monthly payment of accrued payroll liabilities.) Save for Later Attempts: 0 of 3 used Submit