Answer:
A. Dr Salaries & Wages exp.	$1,840,000	
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920	
Cr Cash	$2,169,080	
B. Dr Employer's Tax expenses $112,920
Cr FICA taxes payable $120,920	
Cr SUTA payable	$4,800	
Cr FUTA payable $3,200
Explanation:
a. Preparation of the journal entry for the salaries and wages paid.	
Dr Salaries & Wages exp.	$1,840,000	
Dr Fed tax withheld & payable $450,000
Cr FICA Taxes withheld & payable $120,920	
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr Cash	$2,169,080	
($1,840,000+$450,000-$120,920)
(Being net salaries and wages paid after holding taxes)
b. Preparation of the entry to record the employer payroll taxes.
 
Dr Employer's Tax expenses $112,920
($120,920-$4,800	-$3,200)	
Cr FICA taxes payable $120,920	
[($1,840,000-$320,000*7.65%)+($320,000*1.45%)]
Cr SUTA payable	$4,800	
($1,840,000-$1,440,000*1.2%)
Cr FUTA payable $3,200
($1,840,000-$1,440,000*.8%)
(Being employer's taxes made payable towards salaries & wages)