PAYROLL TAXES
Kinsella, Inc., has a gross payroll of $8,000 for the pay period. Social Security and Medicare for both the employees and Kinsella are 6.2% and 1.45%, respectively, of the entire payroll. Kinsella must also withhold $800 in federal income tax from the employees and pay state unemployment tax of $30.
Required:
Provide the necessary journal entries for Kinsella to record these payroll taxes.