urrent Attempt in Progress Elizabeth's regular houily wage rate is $16, and she receives an hourly rate of $24 for workin excess of 40 hours. During a January pay period, Elizabeth works 46 hours. Elizabeth's federal income tax withholding is $97, and she has no voluntary deductions. Use January 15 for the end of the pay period and the payment date. Prepare the employer's joumal entries to record (a) Elizabeth's pay for the period and (b) the payment of Elizabeth's wages. Assume that the FICA tax rate is 7.65\%. (Round your answers to 2 decimal places, e.8.15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.)