The following is a payroll sheet for Blossom Imports for the month of September 2020. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $128,400. In addition, 1.45% is charged both employer and employee for an employees wages in excess of $128,400 per employee.

Complete the payroll sheet. (Round answers to 2 decimal places, e.g. 15.26.)

												Unemployment Tax
Name		Earnings to Aug. 31			September Earnings			Income Tax Withholding		FICA		State		Federal
B. D. Williams		$6,800			$700			$		$		$		$
D. Raye		6,500			600
K. Baker		7,700			1,100
F. Lopez		12,500			1,700
A. Daniels		116,800			13,900
B. Kingston		122,200			15,700
Total		$			$			$		$		$		$

Make the necessary entry to record the payment of the payroll. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit

Make the entry to record the payroll tax expenses of Blossom Imports. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit

Make the entry to record the payment of the payroll liabilities created. Assume that the company pays all payroll liabilities at the end of each month. (Round answers to 2 decimal places, e.g. 15.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit

Account List:

• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation-Plant Assets
• Allowance from Expropriation
• Asset Retirement Obligation
• Cash
• Depreciation Expense
• Dividends Payable
• Due to Customer
• Discount on Notes Payable
• FICA Taxes Payable
• Freight-In
• FUTA Taxes Payable
• Insurance Premium Payable
• Interest Expense
• Interest Payable
• Inventory
• Inventory of Premiums
• Land Improvements
• Lawsuit Liability
• Lawsuit Loss
• Litigation Expense or Loss
• Litigation Liability
• Loss from Expropriation
• Loss on ARO Settlement
• No Entry
• Notes Payable
• Oil Platform
• Payroll Tax Expense
• Plant Assets
• Premium Expense
• Premium Liability
• Purchases
• Purchase Discounts
• Purchase Returns and Allowances
• Retained Earnings
• Salaries and Wages Expense
• Salaries and Wages Payable
• Sales Revenue
• Sales Tax Payable
• SUTA Taxes Payable
• Trucks
• Unearned Sales Revenue
• Unearned Warranty Revenue
• Union Dues Payable
• Warranty Expense
• Warranty Liability
• Warranty Revenue
• Withholding Taxes Payable