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Question Content Area An employee receives an hourly rate of $ 1 5 , with time and a half for all hours worked in excess

Question Content Area
An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $120; all earnings are subject to social security tax; social security tax rate, 6.0%; Medicare tax rate, 1.5%; state unemployment tax, 5.4% on the first $7,000; federal unemployment tax, 0.8% on the first $7,000.
Question Content Area
Journalize the entry for the payroll. If required, round answers to the nearest cent. If an amount box does not require an entry, leave it blank.
blankAccountDebitCredit
blank
Salaries Expense
735
Social Security Taxes Payable
44.10
Medicare Taxes Payable
11.03
Federal Withholding Taxes Payable
120
Salaries Payable
560.87
Question Content Area
Journalize the entry for the employers payroll tax expense. If required, round answers to the nearest cent. If an amount box does not require an entry, leave it blank.
blankAccountDebitCredit
blank
Payroll Tax Expense
?
Social Security Taxes Payable
?
Medicare Taxes Payable
?
State Unemployment Comp. Taxes Payable
?
Fed. Unemployment Comp. Taxes Payable
?

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