On January 8 , the end of the first weekly pay period of the year, Regis Company's employecsheamed $22760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Socia' Security toxes at the rate of 62%. FICA Medicare taxes at the rate of 1.45%,$12,760 of federal income taxes, $1,420 of medical insurance deductions, and $840 of union dues. No employee eamed more than $7,000 in this first period. Required: 1.-. Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unempicyment 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 thabilities, 2. Prepare the joumal entry to record Regis's employer payroll taxes resulting from the January 8 payroil. 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% 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 On January 8 , the end of the first weckly pay period of the year, Regis Company's employees eamed $22.760 of office saiaries and $70.840 of sales salaries. Withholdings from the employees' salaries include FiCA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%,$12,760 of federal income taxes, $1,420 of medical insurance deductions, and $840 of union dues. No employee earned more than $7,000 in this first period Required: 1-o. Calculate below the amounts for each of these four taxes of Regis Company. Regls'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 joumal entry to record Regis Company's January 8 employee payroll expenses and liabilities. 2. Prepare the foumal entry to record Regis's employerpayroll taxes resulting from the January 8 payroll 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%. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answers to 2 decimal places.) Required: 1.-. Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unempioyment tax rate is 5.4% of the first $7000 paid to each employee. The federal unemployment tax rate is 0.6% 1.6. Prepare the joumal entry to record Regis Company's January 8 employee payroll expenses and liabilities 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payrol. Regis's state unemployment tax rate is 5,4% of the first 57.000 paid to each employee. The federal unemployment tax rate is 06% Complete this question by entering your answers in the tabs below. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll, Regis's state unemployment tas rate is 5.495 of the first $7.000 paid to each employee. The federal unemployment tax rate is 0.6%. (Rotind 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. Noter Enter debits before credits
