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On January 8, the end of the first weekly pay period of the year. Regis Company's employees earned $20760 of office salaries and $60 840

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On January 8, the end of the first weekly pay period of the year. Regis Company's employees earned $20760 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% $12,860 of federal income taxes. $1420 of medical insurance deductions and $960 of union dues No employee earned more than $7000 in this first period Required: 11 Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rates 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 06% 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 $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 1A Reg 1B Reg 2 Calculate below the amounts for each of these four taxes of Regis Company, Regiss state unemployment tax rate is 5.49 of the first $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 earnings Tax Rate subject to tax Tax Amount FICA--Social Security FICA-Medicare FUTA SUTA Nee Req 18 > On January 8 the end of the first weekly pay period of the year, Regis Company's employees earned $20,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 62%, FICA Medicare taxes at the rate of 1.45%, $12,860 of federal income taxes, $1,420 of medical insurance deductions, and $960 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 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% Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B 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 On January 8, the end of the first weekly pay period of the year, Regis Company's employees eamed $20,760 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 145%, $12.860 of federal income taxes. $1,420 of medical insurance deductions, and $960 of union dues No employee earned more than 57000 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 54% of the first $7000 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 $7,000 paid to each employee. The federal unemployment tax rate is 06% Complete this question by entering your answers in the tabs below. Reg 1 Reg 16 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.) View transactions Journal entry worksheet

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