Reference no: EM132562557

Jeff's Geek-O-Rama has 3 employee. As of January 14, the first biweekly pay date of the year, each employee had worked 52 hours and is paid at a rate of $12 per hour. According to the employee's state and federal forms, the company will withhold 10% in federal withholding taxes and 5% in state withholding taxes. The state unemployment rate is 4% on the first $10,000 of wages paid to each employee and the federal unemployment rate is 0.6% on the first $7,000 of wages paid to each employee.

Question 1: Provide journal entry for payroll expenses and Payroll liabilities.