Journalize the entry to record the accrual of payroll.

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
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Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
Problem 3E
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According to a summary of the payroll of Scotland Company, salaries for the period were $400,000.  Federal income tax withheld was $98,000.  Also, $15,000 was subject to state (5.4%) and federal (0.8%) unemployment taxes.  All earnings are subject to social security tax of 6.0% and Medicare tax of 1.5%.

A)

Journalize the entry to record the accrual of payroll.  If required, round your answers to the nearest cent.
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