Henry Striker manages a frosty boy drive-in. His straight-time pay is $10 per hour, with time and a half for hours in excess of 40 per week. Strikers payroll deductions include withheld income tax of 8%, OASDI of 6.2%, Medicare of 1.45% and a weekly deduction of $5 for a charitable contribution. Striker worked 52 hours during the week. Frosty boy has a FUTA rate of .8% and a SUTA rate of 5.6%
Journalize the entry for Striker's weekly payroll. Assume he is below the taxable limit for FICA, FUTA and SUTA taxes.
Journalize the employer portion of the payroll taxes.