Journalize the entry to record the payroll tax expense

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Widmer Company hadgross wages of $200,000 during the week ended June 17. The amount of wages subject to social security tax was $200,000, while the amount of wages subject to federal and state unemployment taxes was $30,000. Tax rates are as follows:

Social security 6.0%
Medicare 1.5%
State unemployment 5.4%
Federal unemployment 0.8%

The total amount withheld from employee wages for federal taxes was $40,500.

Required:

A. Journalize the entry to record the payroll for the week of June 17.* Refer to the Chart of Accounts for exact wording of account titles.

B. Journalize the entry to record the payroll tax expense incurred for the week of June 17.*

* Refer to the Chart of Accounts for exact wording of account titles.

Reference no: EM131751114

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