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10 points eBook Req 1A Req 18 Req 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities.
10 points eBook Req 1A Req 18 Req 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. Note: Round your answers to 2 decimal places. View transaction list Journal entry worksheet Print References Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Date January 08 General Journali Debit Credit + Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. Note: Round your answers to 2 decimal places. k View transaction list View journal entry worksheet No 1 Date January 08 General Journal Sales salaries expense es < Req 1A Req 2 > Debit Credit 84,600.00 1 Required: 1-a. 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-b. 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. ok Req 1A Req 18 Req 2 ces 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%. Note: Round your answers to 2 decimal places. Rgis Company's: January 8 Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security $ 5,245 6.20% $ 325.19 FICA-Medicare... 1,227 1,45% 17.79 FUTA 508 0.60% 3.05 SUTA 4,568 5.40% 246.67 Req TA Req 18 >
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