QUESTION 8 Not yet answered Marked out of 48.00 P Flag question Recording Payroll and Payroll Taxes Beamon Corporation had the following payroll for April: Officers' salaries Sales salaries Federal income taxes withheld FICA taxes withheld $34,000 68,000 21,000 9,500 1,800 1,400 Health insurance premiums withheld Union dues withheld Salaries (included above) subject to federal unemployment taxes 57,000 Salaries (included above) subject to state unemployment taxes 62.000 Required Prepare journal entries on April 30 to record a. Accrual of the monthly payroll. b. Payment of the net payroll. C. Accrual of employer's payroll taxes. (Assume that the FICA tax matches the amount withheld, the federal unemployment tax is 0.6 percent, and the state unemployment tax is 5,4 percent.) d. Payment of all liabilities related to this payroll. (Assume that all are settled atthe same time.) General Journal Date Description Debit Credit Apr 30 sales Salaries Expense Date Description Debit Credit Apr.30 Sales Salaries Expense FICA Tax Payable Health Insurance Premiums Payable Union Dues Payable Payroll Payable . To record April payroll b. Apr.30 To pay net payroll for Apri Apr 30 FICA Tax Payable State Unemployment Tax Payable FB 3 9 To pay net payroll for April. Apr.30 FICA Tax Payable State Unemployment Tax Payable To record employer's Aprillpayroll taxes. d. Apr 30 Federal Income Tax Withholding Payable FICA Tax Payable Union Dues Payable Federal Unemployment Tax Payable State Unemployment Tax Payable To pay liabilities related to April payroll. Save Answers Previous page