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

The payroll register for Schmidt 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 computed at the rate of 5.4% and 0.6%, respectively, on $270,000 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 o

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