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Help Save Problem 11-2A Entries for payroll transactions LO P2, P3 On January 8, the end of the first weekly pay period of the year,

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Help Save Problem 11-2A Entries for payroll transactions LO P2, P3 On January 8, the end of the first weekly pay period of the year, Regis Company's payrol register showed that its employees earned gs from the employees' salaries include FICA Social Security taxes at the rate of 620%, FCA Medicare taxes at the rate of 145%, $13360 of federal income taxes. S1360 of medical insurance deductions, and $920 of union dues. No employee earned more than $7,000 in this first period. Required 1.1 Calculate below the amounts for each of these four taxes of Regis Company Regis's merit rating reduces its state unemployment tax rate to 4% of the first S7000 paid each employee. The federal unemployment tax rate is 060% (Round your answers to 2 decimal places.) Regis Companys January 8 earnings subject to tax Tax Amount Tax Rate FICA-Social Security FICA-Medicare FUTA Journal entry worksheet 20 points Record the employee payroll expenses and liabilities for the first weekly pay period of the year. eBook Note: Enter debits before credits. References Date General Journal Debit Credit Jan 08 Journal entry worksheet 20 oints Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. eBook Note: Enter debits before credits Debit Credit General Journal Date Jan 08 Record enty

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