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Triston Vale is paid on a monthly basis. For the month of January of the...

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Accounting

Triston Vale is paid on a monthly basis. For the month of January of the current year, he earned a total of $5,220. Federal Insurance Contributions Act (FICA) tax for Social Security is 6.2% on the first $137,700 of earnings each calendar year, and the Federal Insurance Contributions Act (FICA) tax for Medicare is 1.45% of all earnings. The Federal Unemployment Taxes (FUTA) tax rate is 0.6% and the State Unemployment Taxes (SUTA) tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The amount of Federal Income Tax withheld from his earnings was $885.70.
a. Journalize the entry to record the payroll for the month of January.
\table[[DATE,,Debit,Credit],[xx,Salaries Expense,,],[,,,],[,SUTA tax,,],[,FUTA tax,,],[,,,]]
b. Using the information from the question above, journalize the entry to record the payroll tax expense incurred for the month of January.
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