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During January, Luxury Cruise Lines incurs employee salaries of $2.6 million. Withholdings in January are...

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Accounting

During January, Luxury Cruise Lines incurs employee salaries of $2.6 million. Withholdings in January are $198,900 for the employee
portion of FICA, and $552,500 for employee federal and state. The company incurs an additional $161,200 for federal and state
unemployment tax and $78,000 for the employer portion of health insurance (fringe benefits payable to Blue Cross Blue Shield).
Required:
to 3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event,
select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e.5 million should be
entered as 5,000,000).)
Journal entry worksheet
Record the employee salary expense, withholdings, and salaries payable.
Note: Enter debits before credits.
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