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Please help me with these too. 10.00 points Alamar Petroleum Company offers its employees the option of contributing retirement funds up to 5% of their

image text in transcribedPlease help me with these too.
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10.00 points Alamar Petroleum Company offers its employees the option of contributing retirement funds up to 5% of their wages or salanes, with the connuson being matched by Alamar. Tho company also pays 80% o. medical and life insurance premiums. Deductions relating to these plans and other payroll information for the first biweekly payroll period of February are listed as follows: Wages and salaries Employee contribution to voluntary retrement plan Medical insurance premiums Life insurance premiums Federal income taxes to be withheld Local income taxes to be withheld Payrol taxes Federal unemployment tax rate State unemployment tax rate (after FUTA deduction Social Security tax rate Medicare tax rate $2,800,000 92,000 50,000 9,800 480,000 61,000 0.60% 540% 6.20% 1.45% Required: Preparo the appropriate jourmal entries to record salaries and wages expense and payroll tax expense for the biweekly pay period. Assume that no employee's cumulative wages exceed the relevant wage bases for Social Security, and that all employees cumulasive wages do exceed the relevant unemployment wage bases. Salanies are not yet paid. (Of no entry is required for a transactionievent, select "No journal entry required" in the first account field.) view transaction list. C-view general journal 2,800,000 21 4 6

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