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Question 5 of 12 < > 1.56/2 Lisa Corbin's regular hourly wage rate is $18, and she receives an hourly rate of $27 for

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Question 5 of 12 < > 1.56/2 Lisa Corbin's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Lisa works 45 hours. Lisa's federal income tax withholding is $96, she has no voluntary deductions, and the FICA tax rate is 7.65%. Use January 15 for the end of the pay period and the payment date. Prepare the journal entries to record (a) Lisa's pay for the period and (b) the payment of Lisa's wages. (Round Intermediate calculation and final answers to 2 decimal places, eg. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation (a) Jan. 15 Salaries and Wages Expense (b) Jan. 15 80'F Mostly sunny Salaries and Wages Payable Federal Income Taxes Payable FICA Taxes Payable Salaries and Wages Payable Cash Debit 1046.40 885 Credit 885 96 96 65.40 885

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