1.2 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 Journal entry worksheet 1 Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits Date Credit Jan 08 Debit 25,760.00 70.840.00 General Journal Office salaries expense Sales salaries expense FICA Social sec, taxes payable Employee fed, Inc. taxes payable Employee medical insurance payable Employee union dues payable Salarios payable 13,560.00 1.390.00 940.00 2. Prepare the journal entry to record Regis's (employer) payroll taxes resulting from the January 8 payroll. Regis's merit rating reduces its state unemployment tax rate to 3% of the first $7.000 paid each employee. The federal unemployment tax rate is 0.60% (Round your answers to 2 decimal places.) View transaction list ook Journal entry worksheet