Problem 11-2A Entries for payroll transactions LO P2, P3 On January 8, the end of the first weekly pay period of the year Regis Company's employees earned $28.760 of office salaries and 570.840 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 145% S13,360 of federal income taxes $1.420 of medical insurance deductions, and $840 of union dues No employee earned more than $7000 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 57000 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 06% Complete this question by entering your answers in the tabs below. Req IA Reg 18 Req 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.) Regis Company's: January 8 earnings Tax Rate Tax Amount subject to tax FICA-Social Security FICA Medicare FUTA SUTA RA Req 1B > view constant Journal entry worksheet Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits Date General Journal Debit Credit Jan 08 Record entry Clear entry View general journal