During the month of January, an employee earned $4,000 of salary. Withholdings from the employee's salary consist of FICA Social Security taxes of $248, FICA Medicare taxes of $58, federal income taxes of $426, and medical insurance deductions of $170. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. (Click on the Chart of Accounts Tab below.) and related liabilities assuming these wages will be paid in early February. Prepare the joumal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. (Click on the Chart of Accounts Tab below.)