question 13 financial accounting

13 Midwest Shipping pays employees at the end of each month, Payroll information is listed below for January, the first month of the fiscal year. Assume that none of the employees exceeds the Federal unemployment tax maximum salary of $8,000 in January. 203.30.44 Salaries Federal and state income taxes withheld $800,000 180,000 0.80% 5.40 rederal unemployment tax rate State unemployment tax rate (after FUTA deduction) Social Security (FICA) tax rate eBook Record salaries expense and payroll tax expense for the January pay period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the employee salary expense and withholdings. Note: Enter debits before credits Date General Journal Credit Jan 31 Debit Gram 13 Midwest Shipping pays employees at the end of each month. Payroll information is listed below for January, the first month of the fiscal year. Assume that none of the employees exceeds the Federal unemployment tax maximum salary of $8,000 in January. 03:38:30 Salaries $800,000 Tederal and state income taxes withheld Federal unemployment tax rate 180,000 0.00% 5.400 State unemployment tax rate (after PUTA deduction) Social Security (FICA) tax rate 7.659 Record salaries expense and payroll tax expense for the January pay period. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction llat Journal entry worksheet