Hello i just need help with what i got wrong and it also says that i am missing somthing
On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $24,760 of office sal $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2% Medicare taxes at the rate of 1.45%, $13,060 of federal income taxes, $1,350 of medical insurance deductions, and $940 o No employee earned more than $7,000 in this first period. Required: 1-a. Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is 5. first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state une tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 January 08 13,049.40 X 70,840.00 Sales salaries expense FICA-Social security taxes payable FICA-Medicare taxes payable Employee federal income taxes payable Employee medical insurance payable Employee union dues payable Salaries payable 5,927.20 1,386.20 13,060.00 1,350.00 940.00 48,176.60 X On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $24,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13,060 of federal income taxes, $1,350 of medical insurance deductions, and $940 of union dues. No employee earned more than $7,000 in this first period. Required: 1-a. Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1A Req 1B Reg 2 Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.) No Date General Journal Debit Credit 1 January 08 13,049.40 Payroll taxes expense FICASocial security taxes payable FICAMedicare taxes payable State unemployment taxes payable Federal unemployment taxes payable OOOOO 5,927.20 1,386.20 5,162.40 573.60
