State unemployment tax rate

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the summary of the payroll for the monthly pay period ending July 15 indicated the following sales salaries $125000, federal income tax withheld 32300, office salaries 35000, medical insurance withheld 7370, social security tax withheld 9600, medicare tax withheld 2400.

Question 1: journalize the entries to record

(a) the payroll and

(b) the employer's payroll tax expense for the month.

Point 1: the state unemployment tax rate is 3.1%, and the federal unemployment tax rate is 0.6%. only $25000 of salaries are subject to unemployment taxes.

Reference no: EM132460165

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