The payroll register of Seaside Architecture Company indicates $800 of Social Security and $221 of Medicare...

Transcribed Image Text:

The payroll register of Seaside Architecture Company indicates $800 of Social Security and $221 of Medicare tax withheld on total salaries of $14,900 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $4,900 at the federal rate of 0.8% and state rate of 5.4%. Prepare the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. Payroll Tax Expense Social Security Tax Payable Medicare Tax Payables State Unemployment Tax Payable Federal Unemployment Tax Payable The payroll register of Seaside Architecture Company indicates $800 of Social Security and $221 of Medicare tax withheld on total salaries of $14,900 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $4,900 at the federal rate of 0.8% and state rate of 5.4%. Prepare the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. Payroll Tax Expense Social Security Tax Payable Medicare Tax Payables State Unemployment Tax Payable Federal Unemployment Tax Payable