Answer:
Explanation:
The journal entries are shown below:
1. Salary expense A/c Dr $1,100,000
To income tax payable A/c $233,750
To FICA Tax payable A/c $84,150
To Accounts payable A/c $11,000
To Salaries payable A/c $771,100
(Being the expenses and Withholding are recorded and the remaining balance is credited to salary payable account)
2. Salary expense A/c Dr $33,000
To Accounts payable A/c $33,000
(Being the employer portion of health insurance is recorded)
3. Payroll tax expense A/c Dr $152,350
To FICA Tax payable A/c $84,150
To Unemployment tax payable A/c $68,200
(Being payroll tax expense is recorded)
