E13-8B (Payroll Tax Entries) The payroll of Grich Company for September 2014 is

E13-8B (Payroll Tax Entries) The payroll of Grich Company for September 2014 is as follows. Total payroll was $960000 of which $220000 is exempt from Social Security tax because it represented amounts paid in excess of $102000 to certain employees. The amount paid to employees in excess of $7000 was $800000. Income taxes in the amount of $180000 were withheld as was $18000 in union dues. The state unemployment tax is 3.5% but Grich Company is allowed a credit of 2.3% by the state for its unemployment experience. Also assume that the current F.I.C.A. tax is 7.65% on an employees wages to $102000 and 1.45% in excess of $102000. No employee for Grich makes more than $250000. The federal unemployment tax rate is 0.8% after state credit.InstructionsPrepare the necessary journal entries if the wages and salaries paid and the employer payroll taxes arerecorded separately.