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Your tasks are to do the following: Journalize the entries to record the employers payroll tax expense for each pay period in the general journal.

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Your tasks are to do the following:

  1. Journalize the entries to record the employers payroll tax expense for each pay period in the general journal.
  2. Journalize entries for the payment of each tax liability in the general journal
(50 min) L01,2 The following is the monthly payroll of White Company, owned by Dana Set A 8A-1. The following is the paid on the day of each month. White. Employees are paid on the last day of each mortis Check Figure: Deposit of SUTA Tax $1,149.12 White Company is located at 2 Square Street, Marblehead, Massachusetts 01945. Its EIN is 29-3458822. The FICA tax rate for Social Security is 6.2% on up to $117,000 in earnings during the year, and Medicare is 1.45% on all earnings. The SUTA tax rate is 5.7% on the first $7,000. The FUTA tax rate is 0.6% on the first $7,000 of earnings. White Company is classified as a monthly depositor for Form 941 taxes. (50 min) L01,2 The following is the monthly payroll of White Company, owned by Dana Set A 8A-1. The following is the paid on the day of each month. White. Employees are paid on the last day of each mortis Check Figure: Deposit of SUTA Tax $1,149.12 White Company is located at 2 Square Street, Marblehead, Massachusetts 01945. Its EIN is 29-3458822. The FICA tax rate for Social Security is 6.2% on up to $117,000 in earnings during the year, and Medicare is 1.45% on all earnings. The SUTA tax rate is 5.7% on the first $7,000. The FUTA tax rate is 0.6% on the first $7,000 of earnings. White Company is classified as a monthly depositor for Form 941 taxes

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