The following is the monthly payroll for the last 3 months of the year for Titans' Sporting Goods Shop, 2 Boat Road, Lynn, MA 01945.

3. Journalize the payment of each tax liability in the general journal. (Record debits first, then credits. Exclude explanations from journal entries. Enter all amounts to the nearest cent, X.XX.)

First, journalize the payment of October's tax liability in the general journal.

October

			FICA
Employee	Monthly Earnings	YTD Earnings	Social Security	Medicare	Federal Income Tax
Amber Bixby	$2,820	$138,200	$174.84	$40.89	$531.00
Susan Lincoln	3,420	39,650	212.04	49.59	424.00
Hector Walker	3,800	44,150	235.60	55.10	530.00
	$10,040	$222,000	$622.48	$145.58	$1,485.00

November

			FICA
Employee	Monthly Earnings	YTD Earnings	Social Security	Medicare	Federal Income Tax
Amber Bixby	$2,860	$141,060	$177.32	$41.47	$601.00
Susan Lincoln	3,920	43,570	243.04	56.84	462.00
Hector Walker	3,850	48,000	238.70	55.83	556.00
	$10,630	$232,630	$659.06	$154.14	$1,619.00

December

			FICA
Employee	Monthly Earnings	YTD Earnings	Social Security	Medicare	Federal Income Tax
Amber Bixby	$4,280	$145,340	$107.88	$62.06	$871.00
Susan Lincoln	3,740	47,310	231.88	54.23	482.00
Hector Walker	4,450	52,450	275.90	64.53	703.00
	$12,470	$245,100	$615.66	$180.82	$2,056.00

Journalize November and December entries.

Explain how you find the values for FICA please.

Journalize the payment of November's tax liability in the general journal. Journalize the payment of November's tax liability in the general journal