The summary of the payroll for the monthly pay period ending July 15 indicated the following:
Sales salaries.................................................................115000
Federal income tax withheld............................................... 32000
Office Salaries............................................................... 30000
Medical insurance withheld................................................ 7370
Social security tax withheld............................................... 10200
Medicare tax withheld...................................................... 2250
Journalize the entries to record
(a) the payroll and
(b) the employer's payroll tax for the month. The state unemployment tax rate 3.1% and the federal unemployment tax rate .8%. Only $30,000 of salaries are subject to unemployment taxes.