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(8) hey yes - YouTube Saved Help On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned

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(8) hey yes - YouTube Saved Help On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $28,760 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 145%, $13,260 of federal income taxes, $1,390 of medical insurance deductions, and $800 of union dues No employee eamed more than $7.000 in this first period. Required: 11 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. Red A Reg 18 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%. (Round your answers to 2 decimal places) Tax Regis Company's January 8 earnings Tax Rate subject to tax 24750-60540 Tax Amount 6.20 FICA-Social Security FICA Medicare FUTA SUTA $ 2 & 3 4 5 CO 7 8 9 O W E R T 0 P S DF G H J K am 0 hey yes YouTube Saved Help Req1A Reg 16 Reg 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 abilities for the first weekly pay period of the year Note: Enter debits before credits Date Jan General Journal Debit Credit View general journal Q & 2 3 4 5 6 7 00 9 0 2 W E 20 T Y U O S D F G H J K L Journal entry worksheet 1 Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: Erber debits before credits Date General Journal Debit Credit Jan 08 Record entry Clear entry View general Journal Q $ 2 3 4 5 6 & 7 8 9 W E R T Y U 0 S DF G

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