On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $27760 of office salaries 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%, $12,860 of federal income taxes, $1,330 of medical insurance deductions, and $840 of union dues No employee earned more than $7,000 in this first period. Required: 11 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 Mobilities. 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 $7000 paid to each employee. The federal unemployment tax rate is 0.6% Complete this question by entering your answers in the tabs below. Reg LA Req 18 Red 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 place.) Regis Company's: January earnings Tax Rate subject to t Tax Amount FICA Boca Secunty FICA Medicare FUTA 1 o 19 Garcia Company issues 8.0%, 15-year bonds with a par value of $380,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 6.0%, which implies a selling price of 116 3/4. Prepare the journal entry for the issuance of these bonds for cash on January 1, View transaction list Journal entry worksheet