Journal entry worksheet 1 3 Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits. Journal entry worksheet 2 1 3 Record the employer-provided fringe benefits. Note: Enter dehits hefore credits. Journal entry worksheet 1 2 3 Record the employer payroll taxes. Note: Enter debits before credits. Journal entry worksheet 1 2 3 Record the employer payroll taxes. Note: Enter debits before credits. Emily Turnbull, president of Aerobic Equipment Corporation, is concerned about her employees' well-being. The company offers its employees free medical, dental, and life insurance coverage. It also matches employee contributions to a voluntary retirement plan up to 6% of their salaries. Assume that no employee's cumulative wages exceed the relevant wage bases. Payroll information for the biweekly payroll period ending January 24 is listed below. Wages and salaries Employee contribution to voluntary retirement plan Medical insurance premiums paid by employer Dental insurance premiums paid by employer Life insurance premiums paid by employer Federal and state income tax withheld $2,050,000 102,500 41,000 14,350 7,175 440,750 FICA tax rate 7.65% Federal and state unemployment tax rate 6.208