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On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that ins employees eaned $26,760 of

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On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that ins employees eaned $26,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6 20%,FICA Medicare taxes at the rate of 145%, SOGGO of fdered n ome tanes, S1350 d medcal nurance deductions, and $800 of union dues No employee caned more than $7,000 in this first period 1.1 Calculate below the amounts for each of these four taxes of Regis Company Regis's menit rating reduces its state unemployment tax rate to 3% of the first SZOOO paid each employee The federal unemployment ta rate isotoimund your answer ta decimal places FICA Medicare FUTA SUTA 12 Prepare the journel entry to record Regis Company's Janusry 8 (employee) payroll expenses and liablities (Round your answers to 2 decimal places) Prey 2016 Next> here to search 6 8 5 9 3 4 1.2 Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers t0 2 decimal places Journal entry worksheet Record the employee payroll expenses and liabilities for the first weekly pay period of the year Nobe: Enter debilts before credits ere to search 5 6 7 3 4

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