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On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $20,760 of office salaries and $70,840 of sales salaries Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 62%, FICA Medicare taxes at the rate of 1.45% $13,560 of federal income taxes, $1,320 of medical insurance deductions, and $840 of union dues No employee earned more than $7,000 in this first period. Required: 1-o. Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federai unemployment tax rate is 06% Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2 Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is 5,4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to decimal places.) Tax Rate Tax Amount Tax FICA--Social Security FICA-Medicare FUTA SUTA Regis Company's: January 8 Eamings Subject to Tax S 91,600 91.600 91.600 91,600 6 20% s 1.45% 0.60% 5.40% 5,679,20 1.328,20 549.60 4,946,40 On January 8, the end of the first weekly pay period of the year. Regis Company's employees earned $20,760 of office salaries and $70,840 of sales salaries Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45% $13.560 of federal income taxes. $1320 of medical insurance deductions and $840 of union dues No employee earned more than $7,000 in this first period Required: 1-0. Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 06% 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities 2. Prepare the foumal entry to record Regis's employer payroll taxes resulting from the January 8 payroll Regis's state unemployment tax rate is 5.4% of the first $7000 paid to each employee. The federal unemployment tax rates 0.6% Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. Round your answers to 2 decimal places) View transaction fist View journal entry worksheet No Dato Credit 1 Jan 08 Debit 20.750.00 70.340.00 General Journal Office salaries expense Sales salaries expense FICA Social sec taxes payable FICA Medicare taxes payable Employee fed inc taxes payable Employee medical insurance payable 13.560,00 1.320.00 On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $20,760 of office salaries and $70,840 of sales salaries Withholdings from the employees salaries include FICA Social Security taxes at the rate of 62% FICA Medicare taxes at the rate of 145% 513,560 of federal income taxes, $1,320 of medical insurance deductions, and $810 of union dues. No employee earned more than $7,000 in this first period Required: 1-a. Calculate below the amounts for each of these four taxes of Regis Company, Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% 1-b. Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and mobilities 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll Regis's state unemployment tax rate is 54% of the first $7000 paid to each employee. The federal unemployment tax rate is 0.6% Complete this question by entering your answers in the tabs below. Regi Reg 18 Reg 2 Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first 57,000 paid to each employee. The federal unemployment tax rate is 0.6% Hound your answers to 2 decimal places) View transaction list View journal entry worksheet No Date Geocal Journal Debit

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