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Dylan's Mexican Restaurant incurred salaries expense of $60,000 for 2018. The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal

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Dylan's Mexican Restaurant incurred salaries expense of $60,000 for 2018. The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax of the total salaries, $15,000 is subject to unemployment tax. Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,600), life insurance (cost to the company. $410), and retirement benefits (cost to the company, 5% of salaries expense) Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Journalize Dylan's expenses for employee benefits and for payroll taxes. Explanations are not required Bogin with the entry to accrue Dylan's employer payroll taxes. (Round all amounts to the nearest cent. Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Score: 2.24 of 8 pts 11 of 13 (9 complete) HW Score: 36.96%, %E11-19 (similar to) Quest Dylan's Mexican Restaurant incurred salaries expense of $60,000 for 2018. The payroll expense includes employer FICA tax, in addition to state unemp and federal unemployment tax. Of the total salaries, $15,000 is subject to unemployment tax. Also, the company provides the following benefits for emplc insurance (cost to the company, $2,600), life insurance (cost to the company, S410), and retirement benefits (cost to the company, 5% of salaries expense Click the icon to view payroll tax rate information.) Read the requirements Journes Date Accounts Debit Credit 5,490.00 Payroll Tax Expense FICA-Medicare Taxes Payable FICA-OASDI Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable 870.00 3,720.00 90.00 810.00 Now record the accrual of Dylan's employee benefit expenses Accounts Debit Credit Tools Choose from any Ist or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Check

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