Using the employer payroll entry from P7-4B, post the employer’s share of payroll taxes for the September 15 pay at Cosmic Comics to the appropriate General Ledger accounts:

In P7-1B

Tony Stanford owns Cosmic Comics in Greensboro, NC. For the weekly payroll dated September 15, 2017, complete the payroll register. Checkswill be issued on September 19, 2017. Use the wage bracket method in the federal tax table in Appendix C. Assume 5.8% state income tax. No employee has exceeded the Social Security wage base. Total, prove, and rule the entries.