On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $23,760 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 1.45%, $13,560 of federal income taxes, $1,330 of medical insurance deductions, and $940 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. Regiss 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 liabilities.

2. Prepare the journal entry to record Regiss employer payroll taxes resulting from the January 8 payroll. Regiss state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%.

Req 1A Req 1B Req 2 Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemploym the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your ans places.) Tax Regis Company's: January 8 earnings Tax Rate subject to tax + Tax Amount FICASocial Security FICA-Medicare FUTA SUTA Req A Req 1B > Journal entry worksheet 15 1 Record the employed payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Date General Journal Debit Credit Jan 08 Journal entry worksheet