Answer:
The Journal entry is as follows:
On April 30,
Salaries Expenses A/c Dr. $95,400
To FICA taxes withheld $7,300
To Income taxes withheld $21,000
To Medical insurance deductions $3,800
To Federal unemployment taxes $760
To State unemployment taxes $4,800
To Payroll payable $57,740
(To record the monthly payroll)
Monthly payroll A/c Dr. $57,740
To cash $57,740
(To record the payment of payroll)
