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On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $28,760 of office salaries and $60,840 of

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On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $28,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxos at the rate of 6.2%, FCA Medicare taxes at the rate of 1.45%,$12,760 of federal income taxes, $1,420 of medical Insurance deductions, and $820 of union dues. No employee earned more than $7,000 in this first period. Required: 1.1 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%. 1.2. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and llabilities. 2. Prepare the journal entry to record Regis's employer payroll 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. 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 37,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decima! Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and llabilities. (Round your a 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 Tepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax ate is 5.4% of the first $7,000 pald to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal slaces.) Journal entry worksheet Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Notel Enter debits before credits

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