The payroll reaister of Hertage Co. indicates $12,000 of social security withhekd and $3,000 of Medicare tax withheld on total saklaries of $200,000 for the period. Eanings of S8.000 are sutject o...

Extracted text: The payroll reaister of Hertage Co. indicates $12,000 of social security withhekd and $3,000 of Medicare tax withheld on total saklaries of $200,000 for the period. Eanings of S8.000 are sutject o state and federal unemployment compensation taxes at the federal rate of 0.80% and the state rate of 5 40% Journalze the entry to record the payroll tax expense for the period. Refer to the Chart of Accounts for exact wording of account ies. Round arower o newest doku