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10 Problem 11-2A Entries for payroll transactions LO P2, P3 4 point BOOK On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $21760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13.160 of federal income taxes. $1.410 of medical insurance deductions, and $920 of union dues No employee earned more than $7,000 in this first period. Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 0.6% 1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 0.6% Complete this question by entering your answers in the tabs below. RIA Reg 18 Res 2 Calculate below the amounts for each of these four taxes of Regis Company, Ragio state unemployment tax rate is 5,4% of the first $7.000 paid to each employee. The federal unemployment tax rate 0.6%. (round your antara to 2 decimal places) Regis Company's January earnings Tax Rate subject to tax Tax Amount Tax FCS Sousty Wine FUTA SUTA Ron> ME 10 Req 1A Reg 13 Reg 2 4 points Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answers to 2 decimal places.) View transaction list eBook Journal entry worksheet Record the employee payroll expenses and liabilities for the first weekly pay period of the year Date General Journal Debit Credit Jan 08 . 10 Req IA Reg 18 Reg 2 4 points Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places. View transaction list Journal entry worksheet ACK 1 > Dent Record the employer's payroll expenses and liabilities for the first weekly pay period of the year Derences Date General Journal Debit Credit Red Clear