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Use the information posted in the second photo below to prepare the journal entries, thank you ! Prepare the journal entries to record the payroll

Use the information posted in the second photo below to prepare the journal entries, thank you ! image text in transcribed
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Prepare the journal entries to record the payroll and Ramirez's payroll tax expense. (Credit account titles are entered. Do not indent manually. Round answers to 2 declmal places, e.g. 15.25.) Date Account Titles and Explanation Debit Credit Jan. 31 To record payroll.) Jan. 31 (To record payroll tax expense.) Click if you would like to Show Work for this question: Open Show Work Hours Hourly Income TaxHealth oyee M TWTFS Rate Withholding Insurance L Helton 889894$11 R. Kenseth 888882 13 D. Tavaras 99889014 $32 34 56 $10 21 21 Employees are paid i times the regular hourly rate for aa hours worked in excess of 40 hours per week FCA taxes are 7.6S% on the first S m ooo or gross earnings. Ramirez Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings. r (a) Your answer is correct repare the payroll register for the weekly payroll (Round answers to 2 declmal places, e.g. 15.25 RAMIREZ COMPANY Payroll Register For the Week Ending January 3 Earnings Deductions mployee Total Hours Overtime Gross Pay PICA Taxes Income Taxes Insurance Regular Overtime Gross Pay FICA Taxers Federal Total Net Pay Heiton 46 440 539 41.23 32 10 83.23 455.77 Kenseth 42 520 559 42.76 34 97.76 461.24 avaras 63 623 47.66 124.66 498.34 305.65 1415.35

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