The following is a payroll sheet for Marin 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.

(a)

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		$6,900			$800			$		$		$		$
D. Raye		6,400			700
K. Baker		7,500			1,100
F. Lopez		13,800			2,000
A. Daniels		117,700			11,800
B. Kingston		123,100			17,200
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