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On January 8 , the end of the first weekly piny period of the year, Regis Company's employees earned 527i60 of office salaries and 560.840

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On January 8 , the end of the first weekly piny period of the year, Regis Company's employees earned 527i60 of office salaries and 560.840 of sales salaries. Withholdings from the employeres' salaries include FICA Sociai Security taxes at the fate of 6.2. FicA Medicate taxes at the rate of 1.45\%, $13,160 of federal income taxes, $1,400 of medical insurance dectuctions, and 5840 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 employor payroll taxos resulting from the January. 8 payroli. Regis's state unemployment. tax rate is 5.48 of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. Complete this question by entering your answers in the tabs below. 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%. (Round your answers to:2 decimal places.) Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answe decimal places.) Journal entry worksheet Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Prepare the journal entry to record Regis's employer payroll taxes rosulting from the january 8 payroti. Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to esch omplyeo. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.) Journal entry worksheet Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: fater itebits before credits

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