Signature Company's partial payroll register for the week ended January 7 is as follows: NAME Barney, RS Fisk, MC Hayes, W. Lee, LB Parks, S.) Tempy, E. B TAXABLE EARNINGS BEGINNING ENDING CUMULATIVE TOTAL CUMULATIVE SOCIAL EARNINGS EARNINGS EARNINGS UNEMPLOYMENT SECURITY MEDICARE 1,932.00 1,932.00 1,932.00 1,932.00 1,932.00 567.00 567.00 567.00 567.00 567.00 483.00 483.00 483.00 483.00 483.00 679.00 679.00 629.00 679.00 679.00 578.00 578.00 578,00 578.00 578.00 546.00 546.00 546.00 546.00 546.00 4,785.00 4,785.00 4,785.00 4,785.00 4,785.00 Assume that the payroll is subject to an employer's Social Security tax of 6.2 percent on the first $118,500 and a Medicare tax of 1.45 percent on all earnings. Aldo assume that the federal unemployment tax is 0.6 percent, and that the state unemployment tax is 5.4 percent of the first $7,000 Give the entry in general journal form to record the payroll tax expense. If an amount box does not require an entry leave it blank. If required, round your Intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations GENERAL JOURNAL PAGE POST DATE DESCRIPTION CREDIT DOC NO. DEBIT REF. 20- Jan 7 Payroll Tax Expense FICA Social Security Tax Payable 56700 967.UU 567 UU 56700 483.00 483.00 483.00 483.00 FISK, NC Hayes, W.O. Lee, L. B. Parks, S.) Tempy, E. B. 567.00 483.00 679.00 679.00 679.00 679.00 578.00 546.00 679.00 578.00 578.00 578.00 578.00 546.00 546.00 546.00 4,785.00 546.00 4,785.00 4,785.00 4,785.00 4,785.00 Assume that the payroll is subject to an employer's Social Security tax of 6.2 percent on the first $118,500 and a Medicare tax of 1.45 percer earnings. Also assume that the federal unemployment tax is 0.6 percent, and that the state unemployment tax is 5.4 percent of the first $7,0 Give the entry in general journal form to record the payroll tax expense. If an amount box does not require an entry, leave it blank. If require intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations, GENERAL JOURNAL PAGE DATE POST. DESCRIPTION DOC. NO. DEBIT CREDIT REF 20- Jan 7 Payroll Tax Expense FICA Social Security Tax Payable FICA Medicare Tax Payable State Unemployment Tax Payable Federal Unemployment Tax Payable To record employer's share of FICA taxes and employer's state and federal unemployment taxes