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During January, Luxury Cruise Lines incurs employee salaries of $10 million, Withholdings in January are $76,500 for the employee portion of FICA $150,000 for federal

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During January, Luxury Cruise Lines incurs employee salaries of $10 million, Withholdings in January are $76,500 for the employee portion of FICA $150,000 for federal income tax, $62,500 for state income tax and $10,000 for the employee portion of health insurance (payable to Blue Cross Blue Shield). The company incurs an additional $62,000 for federal and state unemployment tax and $30,000 for the employer portion of health insurance. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet 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).) View transaction list Journal entry worksheet 9 of 12 Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits General Journal Debit Credit Date January 31 View general journal Record entry Clear entry Week 6 Homework 9 1.-3. Record the necessary entries in the Journal Entry Worksheet below. Of no entry is required for a particular transaction/evert, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (1.5 should be entered as 5,000,000)) 5 Dots View transaction list Sped Journal entry worksheet Hint Record the employer provided fringe benefits Print References Note: Enter debits before credits General Journal Debit Credit Date January 31 View general Journal Clear entry Record entry zaw 11 EI HD 99 here to search 1.-3. Record the necessary entries in the Journal Entry Worksheet 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 (..5 should be entered as 5,000,000).) View transaction list Journal entry worksheet + 2 3 Record the employer payroll taxes. Note: Enter debits before credits General Journal Debit Credit Date January 31 View general journal Record entry Clear entry

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