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On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $27,760 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 $27,760 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%, $13.260 of federal income taxes, $1330 of medical insurance deductions, and $860 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 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 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% ok ant Complete this question by entering your answers in the tabs below. rences Reg 1A Reg 1B Reg 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 Amount Tax FICA-Social Security FICA--Medicare FUTA SUTA Regis Company's: January 8 earnings Tax Rate subject to tax $ 88,600 88,500 88.500 88,600 5.20% 1,45% 0.60% 5.40% 5.493.20 1.284.70 531 60 4,784.40 Req 10 > 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 1.45%, $13.260 of federal income taxes, $1,330 of medical insurance deductions, and $860 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 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%. ok Complete this question by entering your answers in the tabs below. rences Req IA Reg 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 Journal entry worksheet > Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Nou Ever debit before credits General Journal Dehit Credit Jan 08 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 1.45%, $13,260 of federal income taxes, $1,330 of medical insurance deductions, and $860 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 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 5,4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0,6% BOOK Complete this question by entering your answers in the tabs below. Print Reg 1A Reg 18 Reg 2 References 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. View transaction list Journal entry worksheet > Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Nonter debits before credite General Journal Debit Credit Dat Jan B Prey 13 of 14 Next

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