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The following data are taken from Pierce Corporations monthly payroll for August, 2013: Administrative salaries...

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Accounting

The following data are taken from Pierce Corporations monthly payroll for August, 2013:

Administrative salaries $16,000

Sales salaries 32,000

Total payroll $48,000

Wages subject to FICA taxes (6.2% + 1.45%) $48,000

Wages subject to FUTA and state unemployment taxes $12,000

Federal income taxes withheld from all salaries $ 6,200

Assume that the company is subject to a 2.7% state unemployment tax and a 0.8% federal unemployment tax. Record the general journal entry to:

a.) Accrue the payroll.

b.) Accrue the employers payroll taxes.

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