Question: tes, 49 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer. Question 3 Question 3 of 6 12 points

tes, 49 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer. Question 3 Question 3 of 6 12 points Save Answer First Street Restaurant incurred salaries expense of $60,000 for the period. The payroll tax expense includes employer FICA tax (Social Security and Madicare), state unemployment tax and federal unemployment tax. Year-to-date earnings do not exceed the maximum taxable amounts for FICA and Medicare. For FICA taxes use all rated published in the text. Of the total salaries, $17,000 is subject to unemployment tax. Currently, state unemployment tax is 5.4% and federal unemployment tax is 0.6%. The employee is subject to 10% Federal taxes, 5% State taxes, and $200 in union dues were subtracted from the employees this period. REQUIRED: V 10pt V A In the space provided, prepare the journal entries to record the employee payroll AND the employer's payroll taxes. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial I > Z 0 WORDS POWERED BY TINY

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