Recording Payroll and Payroll Taxes The following data are taken from Fremont Wholesale Companys May payroll:

Administrative salaries	$34,000
Sales salaries	47,000
Custodial salaries	7,000
Total payroll	$88,000
Salaries subject to 1.45 percent Medicare tax	$88,000
Salaries subject to 6.2 percent Social Security tax	74,000
Salaries subject to federal unemployment taxes	14,000
Salaries subject to state unemployment taxes	20,000
Federal income taxes withheld from all salaries	17,800

Assume that the company is subject to a two percent state unemployment tax (due to a favorable experience rating) and a 0.6 percent federal unemployment tax. Required Record the following in general journal form on May 31: a. Accrual of the monthly payroll. b. Payment of the net payroll. c. Accrual of employers payroll taxes. (Assume that the FICA matches the amount withheld.) d. Payment of these payroll-related liabilities. (Assume that all are settled at the same time.)

Round your answers to the nearest dollar. Part A

General Journal
Date	Description	Debit	Credit
May 31	Administrative Salaries Expense	Answer	Answer
	Sales Salaries Expense	Answer	Answer
	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	Federal Income Tax Withholding Payable	Answer	Answer
	FICA Tax Payable	Answer	Answer
	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	To record May payroll.

Part B

General Journal
Date	Description	Debit	Credit
May 31	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	To pay May net payroll.

Part C

General Journal
Date	Description	Debit	Credit
May 31	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	FICA Tax Payable	Answer	Answer
	Federal Unemployment Tax Payable	Answer	Answer
	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	To record employer's May payroll taxes.

Part D

General Journal
Date	Description	Debit	Credit
May 31	Federal Income Tax Withholding Payable	Answer	Answer
	AnswerAdministrative Salaries ExpenseCashCustodial Salaries ExpenseFederal Income Tax Withholding PayableFederal Unemployment Tax PayableFICA Tax PayablePayroll PayablePayroll Tax ExpenseSales Salaries ExpenseState Unemployment Tax Payable	Answer	Answer
	Federal Unemployment Tax Payable	Answer	Answer
	State Unemployment Tax Payable	Answer	Answer
	Cash	Answer	Answer
	To pay liabilities related to May payroll.