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On January 8, the end of the first weekly pay period of the year Regis Company's employees earned $27760 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 $27760 of office salaries and $60,840 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 145%. $13.560 of federal income taxes, $1.380 of medical insurance deductions, and 5960 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 54% 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 liabilities 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 54% of the first $7000 paid to each employee. The federal unemployment tax rate is 0.6% Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 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.) Tax Regis Company's January 8 earnings Tax Rate subject to tax Tax Amount FICASocial Security FICA-Medicare FUTA SUTA Rega Req 1B > Complete this question by entering your answers in the tabs below. Req IA Req_18 Reg 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answers to 2 decimal places.) View transaction list View joumal entry worksheet NO Date Debit Credit Jan 08 Genital Journal Otice salaries expense Sales salaries expense FICA-Social sec, taxes payable FICA-Medicare taxes payable Employee fed.inc taxes payable Employee medical insurance payable Employee union dues payable Salaries payable Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 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%. (Round your answers to 2 decimal places.) SH View transaction list View journal entry worksheet B No Debit Credit Dale Jan 08 1 General Journal Payroll taxes expense FICA-Social soc taxes payable FICA Medicare taxes payable Federal unemployment taxes payable State unemployment taxes payable

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