MRI Co. has one employee, and the company is subject to the following taxes:?

Using the data in situation a of Exercise 11-6, prepare the employer’s September 30 journal entries to record (1) salary expense and its related payroll liabilities for this employee and (2) the employer’s payroll taxes expense and its related liabilities. The employee’s federal income taxes withheld by the employer are $135 for this pay period. Tax Rate Applied To FICA—Social Security . . . . . . . 6.20% First $87,000 FICA—Medicare . . . . . . . . . . . 1.45 All gross pay FUTA . . . . . . . . . . . . . . . . . . . 0.80 First $7,000 SUTA . . . . . . . . . . . . . . . . . . . 2.90 First $7,000 Gross Pay Gross through Pay through August for September a. $ 6,400 $ 800 b. 18,200 2,100 c. 82,000 8,000

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