During January, Luxury Cruise Lines incurs employee salaries of $$2\mathrm{.}6$ million. Withholdings in January are $$198,900$ for the employee

portion of FICA, and $$552,500$ for employee federal and state. The company incurs an additional $$161,200$ for federal and state

unemployment tax and $$78,000$ for the employer portion of health insurance $($fringe benefits payable to Blue Cross Blue Shield$).$

Required:

to $3.$ 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$.5$ million should be

entered as $5,000,000).)$

Journal entry worksheet

Record the employee salary expense, withholdings, and salaries payable.

Note: Enter debits before credits.