The Following Data Were Provided by the Detailed Payroll Records

Essay

The following data were provided by the detailed payroll records of Journey Corporation for the month of March 20X0: $$\begin{array} { | l | r | } \hline \text { Salaries } & \$ 20,000 \\\hline \text { Wages } & 15,000 \\\hline \text { Income taxes withheld } & 7,350 \\\hline \text { Union dues } & 175 \\\hline\end{array}$$ Income taxes at an average 7.65% rate (no employee has reached the maximum) Required:
1. Give the March 31, 20X0 entry to record the payroll and related employee deductions.
2. Give the March 31, 20X0 entry to record the employer's payroll income tax expense.