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The payroll register for Gamble Company for the week ended April 29 indicated the following: Salaries $1,560,000 Social security tax withheld 93,600 Medicare tax withheld

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The payroll register for Gamble Company for the week ended April 29 indicated the following: Salaries $1,560,000 Social security tax withheld 93,600 Medicare tax withheld 23,400 Federal income tax withheld 312,000 In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.6%, respectively, on $260,000 of salaries. Required: A. Journalize the entry to record the payroll for the week of April 29. B. Journalize the entry to record the payroll tax expense incurred for the week of April 29. "Refer to the Chart of Accounts for exact wording of account titles. A. Journalize the entry to record the payroll for the week of April 29. B. Journalize the entry to record the payroll tax expense incurred for the week of April 29. *Refer to the Chart of Accounts for exact wording of account titles. PAGE 11 JOURNAL ACCOUNTING EQUATION DATE POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY ! 1 1,560,000.00 2 93,600,00 1 DESCRIPTION Apr. 29 Salaries Expense Social Security Tax Payable Medicare Tax Payable Federal Unemployment Tax Payable Salaries Payable t 23,400.00 312,000.00 4 t 1,131,000.00 t 10

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