The following information about the payroll for the week ended December was obtained from the records of Saine Co:
Salaries: Deductions:
Sales salaries $ Federal income tax withheld $
Warehouse salaries Social security tax withheld
Office salaries Medicare tax withheld
$ Retirement savings
Group insurance
$
Tax rates assumed:
Social security,
Medicare,
State unemployment employer only
Federal unemployment employer onlyb Assuming that the payroll for the last week of the year is to be paid on December journalize the entry on December to record the employer's payroll taxes on
the payroll to be paid on December Of the total payroll for the last week of the year, $ is subject to unemployment compensation taxes.
