Felipe's Mexican Restaurant incurred salaries expense of $67,000 for 2024. The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax Of the total salaries $15,000 is subject to unemployment tax Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,000), life insurance (cost to the company, $310), and retirement benefits (cost to the company, 5% of salaries expense). Click the icon to view payroll tax rate information.) Read the requirements Date Payroll Tax Expense Accounts Debit Credit FICA-OASDI Taxes Payable FICA-Medicare Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Now record the accrual of Felipe's employee benefit expenses. Date Accounts Employee Benefits Expense Employee Health Insurance Payable Employee Life Insurance Payable Debit Credit