The payroll register of Seaside Architecture Company indicates $870 of Social Security and $217 of Medicare tax withheld on total salaries of $14,500 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5,250 at the federal rate of 0.8% and state rate of 5.4%.

Provide the journal entry to record the payroll tax expense for the period. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0". If required, round your answers to two decimal places.

Payroll Tax Expense $1,412.50

Social Security Taxes Payable $870.00

Medicare Taxes Payable $217.00

State Unemployment Tax Payable $283.50

Federal Unemployment Tax Payable $ 42.00

The payroll summary for December 31 for Waters Co. revealed total earnings of $80,000. Earnings subject to 6% social security tax were $50,000; earnings subject to 1.5% Medicare tax were $80,000; and earnings of $3,000 were subject to 4.3% state and 0.8% federal unemployment compensation tax.

Journalize the entry to record the accrual of payroll taxes. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".

Payroll Tax Expense $4,353

Social Security Tax Payable $3,000

Medicare Tax Payable $1,200

State Unemployment Compensation Tax Payable $129

Federal Unemployment Compensation Tax Payable $24

According to a summary of the payroll of Sinclair Company, $505,000 was subject to the 6.0% social security tax and $545,000 was subject to the 1.5% Medicare tax. Also, $10,000 was subject to state and federal unemployment taxes.

Required: 

1. Calculate the employer's payroll taxes using the following rates: State unemployment, 4.2%; Federal unemployment, 0.8%.

2. a. Journalize the entry to record the accrual of payroll taxes. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".

b. Journalize the entry to record 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. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".