Main Street Restaurant Incurred Salaries Expense of $60,000 for 2016

Main Street Restaurant incurred salaries expense of $60,000 for 2016.The payroll expense includes employer FICA tax,in addition to state unemployment tax and federal unemployment tax.Of the total salaries,$17,000 is subject to unemployment tax.Also,the company provides the following benefits for employees: health insurance (cost to the company,$2,500),life insurance (cost to the company,$700),and retirement benefits (cost to the company,10% of salaries expense).Journalize Main Street's expenses for employee benefits and for payroll taxes.Explanations are not required.

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