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Business, 12.12.2019 23:31 gabmilex1

During january, luxury cruise lines incurs employee salaries of $1.3 million. withholdings in january are $99,450 for the employee portion of fica, $195,000 for federal income tax, $81,250 for state income tax, and $13,000 for the employee portion of health insurance (payable to blue cross/blue shield). the company incurs an additional $80,600 for federal and state unemployment tax and $39,000 for the employer portion of health insurance.

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1., 2.& 3. record the necessary entries in the journal entry worksheet below. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in dollars, not in millions (i. e. 5 should be entered as 5,000,

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