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Chech Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages

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Chech Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages totaling $52,000 but that employee income taxes totaling $7.400 and FICA taxes totaling $2,725 were withheld from this amount. The net pay was directly deposited into the employees' bank accounts. Assume Lightning Electronics also must pay $270 of unemployment taxes for this pay period. Prepare the journal entry or entries that Lightning would use to record the payroll. Inch - both employee and employer taxes. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet B > Record the wages expense for November 1-14 time period, including payroll deductions Journal entry worksheet B Record the wages expense for November 1-14 time period, including payroll deductions. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 scord entry Clown View general journal

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