An employee has total gross wages of $7,000, federal withholding of 15% and state withholding of 5%. Using this information, what is the correct journal entry for gross pay, federal and state withholdings, and FICA? Debit Credit Wages Expense $7,000.00 FICA Payable $535.50 Federal Withholding Payable $1,050.00 State Withholding Payable $350.00 Net Payroll Payable $5,064.50 Debit Credit FICA Payable $535.50 Federal Withholding Payable $1,050.00 State Withholding Payable $350.00 Net Payroll Payable $5,064.50 Wages Expense $7,000 Debit Credit FICA Payable $535.50 Federal Withholding Payable $1,050.00 State Withholding Payable $350.00 Net Payroll Payable $1,935.50 Search the web W