REQUIREMENT: Review the below transaction and record the journal entries. You will use the accounts listed in the Chart of Accounts box.

Chart of Accounts (Payroll):

Cash

FICA Employee

FICA Employer

FITW Payable

FUTA Payable

SUI Payable

Union Dues Payable

Health Insurance/Employee Contribution

Salary Expense

Payroll Tax Expense

Health Insurance Expense

On February 13, ABC Corporation pays 20 employees total wages of $50,000, withholding $12,300 FIT, $3,825 FICA and $200 union dues. FUTA is $370. Prepare the following journal entries:

1. Record JE for payment of employee salaries, including deductions

2. ABC Corporation remits its payroll taxes. Record Journal Entry

Part A entry;

Part B entry:

3. ABC Corporation remits employee union dues. Record Journal Entry