Chapters 8 & 9 Homework 2 Exercise 8-8 (Algo) Record payroll (LOB-3) Svet points ellook During January, Luxury Cruise Lines Incurs employee salaries of $1.3 million. Withholdings in January are $99.450 for the employee pordon of FICA and $276.250 for employee federal and state. The company incurs an additional $80,600 for federal and state unemployment tax and $39,000 for the employer portion of health insurance (fringe benefits payable to Blue Cross Blue Shield Required: 1. 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 (.e.5 million should be entered as 5,000,000).) Hre View transaction is View journal entry worksheet Print Cate General Jamal January 31 Salaries Expense Debit Crede 1.300.000 Employee income Tax Payable efences 2 January 31 Salaries Expense Fringe Benefits Payable 270.200 39,000 20.000 January 31 Payroll Tax Expense 100.050 FICA Tax Payable 00,450 Unemployment Tax Payale 90,000