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DISCLAIMER: you must choose from these options for the accounts: Accts payable (Dental insurance) Accts payable (Life insurance) Accts payable (Medical insurance) Accts payable (retirement

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DISCLAIMER: you must choose from these options for the accounts:
Accts payable (Dental insurance)
Accts payable (Life insurance)
Accts payable (Medical insurance)
Accts payable (retirement plan)
Accts receivable
Advertising expense
Allowance for uncollectable accounts
Bad debt expense
Cash
Common stock
Contingent Liability
Deffered Revenue
Delivery Expense
FICA tax payable
Gain
Income tax expense
income tax payable
Insurance expense
interest expense
interest payable
interest receivable
interest revenue
loss
Notes payable
Notes receivable
payroll tax expense
property tax expense
rent expense
repairs and maintenance expense
retained earnings
salaries expense
salaries payable
salaries tax payable
Service fee expense
Service revenue
supplies
supplies expense
unemployment tax payable
Utilities expense
Utilities payable
warranty expense
Check my work Emily Turnbull, president of Aerobic Equipment Corporation, is concerned about her employees' well-being. The company offers its employees free medical, dental, and life insurance coverage. It also matches employee contributions to a voluntary retirement plan up to 6% of their salaries. Assume that no employee's cumulative wages exceed the relevant wage bases. Payroll information for the biweekly payroll period ending January 24 is listed below. Wages and salaries Employee contribution to voluntary retirement plan Medical insurance premiums paid by employer Dental insurance premiums paid by employer Life insurance premiums paid by employer Federal and state income tax withheld FICA tax rate Federal and state unemployment tax rate $1,700,000 85,000 34,000 11,900 5,950 365,500 7.658 6.200 ces Required: 1., 2. & 3. Record the necessary journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) NE Journal entry worksheet Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits Date January 24 Credit General Journal Salaries Expense Accounts Payable (Retirement Plan) FICA Tax Payable Debit 1,700,000 85,000 Salaries Payable Journal entry worksheet Record the employer-provided fringe benefits. Note: Enter debits before credits. Date January 24 General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet w

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