Caribbean Tours' total payroll for the month of January was $490,000. The following withholdings, fringe benefits, and payroll taxes apply:

Federal and state income tax withheld	$ 49,000
Health insurance premiums paid by employer (payable to Blue Cross)	8,820
Contribution to retirement plan paid by employer (payable to Fidelity)	19,600
FICA tax rate (Social Security and Medicare)	7.65 %
Federal and state unemployment tax rate	6.20 %

Assume that none of the withholdings or payroll taxes has been paid by the end of January (record them as payables), and no employee's cumulative wages exceed the relevant wage bases.

Required:

1. Record the employee salary expense, withholdings, and salaries payable. 2. Record the employer-provided fringe benefits. 3. Record the employer payroll taxes.

Journal entry worksheet 2 3 Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits. Date Debit Credit January 31 General Journal Salaries expense Income tax payable 49,000 Record entry Clear entry View general journal