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Solution

Journal Entries :

	Date	Accounts Titles and description	Debit $	Credit $		Assets	Liabilities	Equity
A	April 29	Salaries Expenses	1440000			1440000
		Federal Income tax withheld payable		288000			288000
		Social Securities Taxes payable		85400			85400
		Medicare Tax payable		21500			21500
		Salaries payable		1045100			1045100
		(To record the payroll for the week ended Aprl 29)
B	April 29	Payroll Taxes expenses	121540			121540
		Social Security Tax payable		85400			85400
		Medicare tax payable		21500			21500
		FUTA taxes payable(244000*5.4%)		13176			13176
		SUTA taxes payable(244000*0.6%)		1464			1464
		(To record the employer\'s payroll taxes)