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I am a marketing agency. My newly employee is working for me on a project. What are the Journal entries required for record revenue, incentive

I am a marketing agency. My newly employee is working for me on a project. What are the Journal entries required for record revenue, incentive payment, and payroll for the following:

Property 1:

- Commission: $6125

- incentive: $150

Property 2:

-Commission: $3825

Salary:

-Base Salary: $6250/ Month

Please note:

-All Incentive Payments will be subject to applicable taxes and withholdings.

- All compensation will be subject to applicable taxes and withholdings PLEASE SEE SCREEN SHOT

image text in transcribed

14.13% 14.13% 0.00% 0.00% 7.65% Gross Paycheck Taxes DETAILS A Federal Income State Income Local Income FICA and State Insurance Taxes DETAILS Social Security Medicare State Disability Insurance Tax State Unemployment Insurance Tax State Family Leave Insurance Tax State Workers Compensation Insurance Tax 6.20% 1.45% 0.00% 0.00% 0.00% 0.00%

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