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The Summary of the Payroll for the Monthly Pay Period

Question 66

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The summary of the payroll for the monthly pay period ending July 15 indicated the following:
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The summary of the payroll for the monthly pay period ending July 15 indicated the following: ​ Journalize the entries to record (a)the payroll and (b)the employer's payroll tax expense for the month.The state unemployment tax rate is 3.1%,and the federal unemployment tax rate is 0.8%.Only $25,000 of salaries are subject to unemployment taxes. Journalize the entries to record (a)the payroll and (b)the employer's payroll tax expense for the month.The state unemployment tax rate is 3.1%,and the federal unemployment tax rate is 0.8%.Only $25,000 of salaries are subject to unemployment taxes.

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