Record the payroll entry and payroll tax entry for the pay of the week ended June 3 (his year-to-date pay is $31,500).

If an amount box does not require an entry, leave it blank. Round your answers to the nearest cent.

Account Debit Credit

Payment of Wages Wages _________ _________

FICA Taxes Payable-OASDI _________ __________

FICA Taxes Payable-HI _________ __________

Employees FIT Payable _________ __________

Employees SIT Payable _________ __________

Retirement Plan Contributions Payable _________ __________

Garnishment Payable _________ __________

Health Insurance Premiums Payable _________ __________

Cash _________ __________

Payroll Taxes Payroll Taxes _________ ___________

FICA Taxes Payable-OASDI _________ ___________

FICA Taxes Payable-HI _________ ___________

Debit Wages (Gross Pay); credit employee's taxes withheld and Cash (net pay). Debit payroll taxes (total applicable employer's payroll taxes) Credit respective employer's payroll taxes. Remember: Debits must equal credits!