Question: Please help me solve! Calculating Payroll Taxes Expense and Preparing Journal Entry employer is 6.2% on the first $128,400 of earnings, and Medicare tax is

Please help me solve! Please help me solve! Calculating Payroll Taxes Expense and Preparing Journal Entry employer is 6.2% on the first $128,400 of earnings, and Medicare tax $is 1.45% on gross earnings. \begin{tabular}{lll} Employee & CurrentWeeklyName & TaxableEarningsNarnings \\$

Calculating Payroll Taxes Expense and Preparing Journal Entry employer is 6.2% on the first $128,400 of earnings, and Medicare tax is 1.45% on gross earnings. \begin{tabular}{lll} Employee & CurrentWeeklyName & TaxableEarningsNarnings \\ \hline Click, Katelyn \\ Coombs, Michelle \\ Fauss, Erin \\ Lenihan, Marcus \\ McMahon, Drew \\ Newell, Marg \\ Stevens, Matt \\ Total \end{tabular} Social Security tax Medicare tax FUTA tax SUTA tax Total employer payroll taxes $ 2. Prepare the journal entry to record the employer payroll taxes as of July 7,20

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