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Question in Accounting The payroll register of Konrath Co. indicates $14,040 of social security withheld and $3,510 of Medicare tax withheld on total...

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in Accounting

The payroll register of Konrath Co. indicates $14,040 of social security withheld and $3,510 of Medicare tax withheld on total salaries of $234,000 for the period. Earnings of $31,000 are subject to state and federal unemployment compensation taxes at the federal rate of 0.80% and the state rate of 5.40%. On December 31, provide the journal entry to record the payroll tax expense for the period.

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