Natural Hair Reports the Following Payroll Information for May, 2015 $\quad$

Essay

Natural Hair reports the following payroll information for May, 2015: Tax rate information follows:
FICA $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ 7.0%
Federal unemployment $\quad$ 0.8%
State employment $\quad$ $\quad$ 5.4%

Assume that all wages are subject to all payroll taxes.
Required:
Prepare the journal entries to record the payment of the May, 2015, payroll and to record the payroll taxes imposed on the employer.