someone else can chime in but from a general journal entry (assuming a single payroll for the entire year to make the example simple).. 

• Debit Wage Expense $ 93,000
• Credit 401K Withheld 8,000
• Credit Federal withheld, FICA withheld state, withheld, etc for whatever they are
• Credit cash for the Net

The trial balance, (and Income statement) will show a balance of $ 93,000 (pretend only one employee) so I think the amount to be shown for sharehold wages is 93,000