(Solution) - Portions of the payroll register for Kathy s Cupcakes for the -(2025 Original AI-Free Solution)

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Portions of the payroll register for Kathy?s Cupcakes for the week ended June 21 are shown below. The SUTA tax rate is 5.4%, and the FUTA tax rate is 0.8%, both on the first $7,000 of earnings. The Social Security tax rate is 6.2% on the first $106,800 of earnings. The Medicare rate is 1.45% on gross earnings.

Calculate the employer?s payroll taxes expense and prepare the journal entry to record the employer?s payroll taxes expense for the week ended June 21 of the currentyear.