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 6.2%. FICA Medicare taxes at the rate of 1.45%,$3,300 of federal income taxes, $616 of medical insurance deductions, and $180 of union dues. No employee earned more than $7,000 in this first period. Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities. Journal entry worksheet Note: Enter debits before credits