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On January 8, the end of the first weekly pay period of the year. Regis Company's employees camned $23.760 of office salaries and $70,940 of

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On January 8, the end of the first weekly pay period of the year. Regis Company's employees camned $23.760 of office salaries and $70,940 of sales salaries Withholings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1459, $12.960 of federal income taxes $1400 of medical insurance deductions, and $780 of union cues No employee earned more than $7,000 in this first period Required: 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 $7000 paid to each employee The federal unemployment tax rate is 0.6% 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and abilities 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. Reg Reg 10 Fleg 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 Test $7,000 paid to each employee. The federal unemployment tax rate is 0.6% (Round your answers to 2 decimal places) Regis Company's January 8 Earnings subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA Moricano PUIA VIEW Journal entry worksheet Record the employee payroll expenses and liabilities for the first weekdy pay period of the year Nute Enter der before credits General Journal Debit Credit Date January 00 Record entry Clear entry View general Journal Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll Regis's state unemployment tax rate 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% (Round your answers to 3 decimal places) View transaction ist Journal entry worksheet 1 > Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debts before credits General Journal Debit Credit Date January 00

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