Problem 9-2A (Static) 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 $22,760 of office salaries and $65,840 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, $1,340 of medical insurance deductions, and $840 of union dues. No employee earned more than $7,000 in this first period. Required: 1-a. 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-b. 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. Req 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 Tax Amount Regis Company's: January 8 Earnings Tax Rate Subject to Tax $ 88,600 88,600 88,600 FICA-Social Security 6.20% $ FICA-Medicare 1.45% 5,493.20 1,284.70 531.60 FUTA 0.60% SUTA 88.600 Reg 1B > On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $22.760 of office salaries and $65.840 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%, $12.860 of federal Income taxes $1340 of medical insurance deductions, and $840 of union dues No employee earned more than $7000 in this first period Required: 1-a. Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate 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 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 18 Reg 2 (RO your ans to 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and abilitie decimal places) View transaction ist Journal entry worksheet Record the employee payroll expenses and liabilities for the first weekly pay period of the year Note: Enter debits before credits Credit Date January 0B Debit 22.700.00 General Journal amice salaries expense Sales salaries expense FICA Social security taxes payable FICA-Medicare taxes payable 1,284.70 Next Problem 9-2A (Static) 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 cerned 522750 of chce series and $65.840 of sales salaries. Withholdings from the employees' salenes include FCA Social Security tres et the rate of 62% FICA Medicare taxes at the rate of 145% $12,860 of federal income taxes 51240 of medical insurance deductions, and $840 of union dues No employee earned more than $7.000 in this first period Required: 1-2. Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate is 545. of the first $7000 paid to each employee. The federal unemployment tax rate is 06% 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabides 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll Rega's state whero cyment tox rate is 5,4% of the first 57000 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's employer payroll taxes resulting from the way perol Region statements rate is 5,4% of the first $7,000 paid to unch employee. The federal unemploymect tax rate is 0.6 Round you to be places) View transaction liat Journal entry worksheet Record the employer's payroll expenses and liabilities for the first week pey period of the year Notente detits before credits Dobit Date January 03 Oralia Payroll taxes expertise FICA Social security taxes payable FICA-Medicare lases payable State unemployment taxes payable Federal unemployment les payabilo 5.4932 112540 53100 uanto CARGAR