Exercise $8-9($Algo$)$ Record payroll $($LO$8-3)$

A Assessment Tool iframe rvices $($ATS$)$ pays employees monthly. Payroll information is listed below for January, the first month of ATS's fiscal

year. Assume that none of the employees exceeds the federal unemployment tax maximum salary of $$7,000$ in January.

Salaries expense

Federal and state income tax withheld

Federal unemployment tax rate

Social Security $($FICA$)$ tax rate

Required:

Record salaries expense and payroll tax expense for the January pay period. $($If no entry is required for a particular transaction,

select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

Record the employee salary, withholdings, and salaries payable.