On January 8, the end of the first weekly pay period of the year, Regis...
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Accounting
On January the end of the first weekly pay period of the year, Regis Company's employees earned $ of office salaries and $ of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of FICA Medicare taxes at the rate of $ of federal income taxes, $ of medical insurance deductions, and $ of union dues. No employee earned more than $ in this first period. Required: a Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is b Prepare the journal entry to record Regis Company's January employee payroll expenses and liabilities. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January payroll. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is Answer is not complete. Complete this question by entering your answers in the tabs below. Req A Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is Note: Round your answers to decimal places. tableRegis Company's:TaxtablearningsTaxTax Rate,tableTaxAmounttableFICASocialSecurity$$
On January the end of the first weekly pay period of the year, Regis Company's employees earned $ of office salaries and $ of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of FICA Medicare taxes at the rate of $ of federal income taxes, $ of medical insurance deductions, and $ of union dues. No employee earned more than $ in this first period.
Required:
a Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is
b Prepare the journal entry to record Regis Company's January employee payroll expenses and liabilities.
Prepare the journal entry to record Regis's employer payroll taxes resulting from the January payroll. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Req A
Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is of the first $ paid to each employee. The federal unemployment tax rate is
Note: Round your answers to decimal places.
tableRegis Company's:TaxtablearningsTaxTax Rate,tableTaxAmounttableFICASocialSecurity$$
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