The employees of Pelter Company earn wages of $12,000 for the two weeks ending April 15. FIT taxes of $260 were withheld. The entire amount of wages is subject to the FICA taxes, but only $9,800 is taxable under the federal and state unemployment compensation laws. The state contribution rate of the employer is 2.9%. All employees are subject to state unemployment contributions of 0.5% on the April 15 taxable wages of $9,800, and the employees' contributions are to be deducted by the employer.

Journalize the payment of the wages, and record the payroll taxes, assuming that the contributions of the employer and the employees are recorded in one account, SUTA Taxes Payable.

If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.

Account Debit Credit

Payment of wages Wages 12,000 0

FICA Taxes Payable-OASDI _____ ______

FICA Taxes Payable-HI _____ ______

Employees FIT Payable _____ ______

SUTA Taxes Payable ______ _______

Cash

Payroll Taxes Payroll Taxes

FICA Taxes Payable-OASDI ______ ______

FICA Taxes Payable-HI ______ ______

FUTA Taxes Payable ______ ______

SUTA Taxes Payable ______ ______