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show all the work. E11-19 (similar to) Question Help Pablo's Mexican Restaurant incurred salaries expense of $66,000 for 2016. The payroll expense includes employer FICA

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E11-19 (similar to) Question Help Pablo's Mexican Restaurant incurred salaries expense of $66,000 for 2016. The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax. Of the total salaries, $22,000 is subject to unemployment tax. Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,300), life insurance cost to the company, $310), and retirement benefits (cost to the company, 6% of salaries expense). Journalize Pablo's expenses for employee benefits and for payroll taxes. Explanations are not required. (Round all amounts to the nearest cent. Record debits first, then credits. Exclude explanations from journal entries.) (Click the icon to view payroll tax rate information.) X More Info Debit Credit Begin with the entry to accrue Pablo's employer payroll taxes. Date Accounts and Explanation Employee Benefits Expense Employee Health Insurance Payable Employee Life Insurance Payable Employee Retirement Benefits Payable For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee Employer: OASDI: 6.2% on first $117,000 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000 OASDI: 6.2% on first $117,000 earned per employee; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned per employee; SUTA: 5.4% on first $7,000 earned per employee. Print Done

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