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Dixon Sales has six sales employees that receive weekly paychecks. Each employee earns $ 1 8 . 0 0 per hour and has worked 4

Dixon Sales has six sales employees that receive weekly paychecks. Each
employee earns $18.00 per hour and has worked 40 hours in the pay period.
Total federal income tax withholdings are $518.40. Each employee pays 3.0% in
state income tax, 6.0% in Social Security tax, 1.5% in Medicare tax, and 0.5%
toward retirement savings. Journalize the recognition of the pay period ending
January 19 that will be paid to the employees on January 26. If an amount box
does not require an entry, leave it blank. If required, round your answers to two
decimal places. Jan. 19
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