1. The following data are taken from Jeremy Duncan Corporations monthly payroll for August 2016:

Administrative salaries $32,000

Sales salaries 64,000

Total payroll $96,000

Wages subject to FICA taxes (6.2% + 1.45%) $96,000

Wages subject to FUTA and state unemployment taxes $24,000

Federal income taxes withheld from all salaries $12,400

Assume that the company is subject to a 2.7% state unemployment tax and a 0.8% federal unemployment tax.

Record the general journal entry to:

1. Accrue the payroll.
2. Accrue the employers payroll taxes.