On January 14, at the end of the second week of the year, the totals of Castle
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a. Calculate the amount of Social Security and Medicare taxes to be withheld and prepare the general journal entry to record the payroll. Round answers to two decimal places.
b. Prepare the general journal entry to record the employer's payroll taxes, assuming that the federal unemployment tax is 0.6 percent of the first $7,000, that the state unemployment tax is 5.4 percent of the same base, and that no employee has surpassed the $7,000 limit.
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