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During January, Luxury Cruise Lines incurs employee salaries of $11 million. Withholdings in January are $84,150 for the employee portion of FICA, and $233,750 for

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During January, Luxury Cruise Lines incurs employee salaries of $11 million. Withholdings in January are $84,150 for the employee portion of FICA, and $233,750 for employee federal and state. The company incurs an additional $68,200 fot federal and state unemployment tax and $33,000 for the employer portion of health insurance ffinge benefits payable to Blue Cross Blue Shieloh 1. to 3. Record the necessary entries in the Joumal Entry Worksheet below. ff no entry is required for a particular transaction/event. Required: select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions f(ie. 5 million should be entered as 5,000,000) ) Journal entry worksheet Record the employee salary expense, with holdings, and salaries payable. Noter Enteridetins betore crestsi Journal entry worksheet Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits

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