Juan's Mexican Restaurant incurred salaris expense of 586,000 for 2004. The payroll experienclude proyer FICA tak nedostate neployment tax and lodeni unamployment of the totale $24,000 to moment tax. Ato the company provides the following benefits for employees ww.cocosto te concenty $2.2001. Mensurance out to the company, M), and retirement bereits foot to the company of salaries exper) pend the Hagman 1. Journals for employee benefits and for years Explanations were beywer my ancernen dure employer parentum. cround us amourn to the namreit ont acord dusta terit, non credu bare detenutom rom punet ersten Date Accounts Debit Crede * More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned per employee; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned per employee; SUTA: 5.4% on first $7,000 earned per employee. Print Done Juan's Mexican Restaurant incurred salaries expense of $66,000 for 2024. The payroll expense includes emp unemployment tax. Also, the company provides the following benefits for employees: health insurance (cost to expense). (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Journalize Juan's expenses for employee benefits and for payroll taxes. Explanations are not Begin with the entry to accrue Juan's employer payroll taxes. (Round all amounts to the nearest cent. Record de Date Accounts Debit Credit Hop mployer FICA tax, in addition to state unemployment tax and federal unemployment tax of the total salaries, $24,000 is subject to to the company, $2,200), life insurance (cost to the company, $360), and retirement benefits (coat to the company, 8% of salaries