QS 11.8 (Algo) Recording employee payroll taxes LO P2 On January 15, the end of the first pay period of the year, North Company's employees earned $28,000 of sales salaries, Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6226 , FiCA Medicare taxes at the rate of 1.45%,$3,400 of federal income taxes, $440 of medical insurance deductions, and $200 of union dues. No employee eamed more than $7,000 in this first period. Prepare the journal entry to record North Company's January 15 salaries expense and related liablities. Journal entry worksheet Record the employee payroil for period. Note: Gnter debits before credts