Response to the following problem:
An employee of Lop pup Hospital earns a salary of $1,000 per month, payable on the first day of the following month. Assume the following tax rates:
• FIT, 20 percent
• FICA, 8 percent
• FUTA, 2 percent
• SUTA, 5 percent
For this employee, make all necessary entries to record the March 20X1 payroll and related matters. Indicate the journal in which each entry should be made.