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Check During January, a company incurs employee salaries of $2.3 million. Withholdings in January are $175,950 for the employee portion of FICA, $345,000 for federal

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Check During January, a company incurs employee salaries of $2.3 million. Withholdings in January are $175,950 for the employee portion of FICA, $345,000 for federal income tax, $143,750 for state income tax, and $23,000 for the employee portion of health insurance (payable to Company B). The company incurs an additional $142,600 for federal and state unemployment tax and $69,000 for the employer portion of health insurance. Required: 1-3. Record the necessary entries in the Journal Entry Wortksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) 1 2 3 Record the employee salary expense, withholdings, and salaries payable. uoarenay worksheet K 1 2 Record the employer-provided fringe benefits. K 1 2 3 Record the employer payroll taxes

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