Question: hey can i get some help with this please and thank you! Exercise 8-8A Record payroll (LO8-3) During January, Luxury Cruise Lines incurs employee salaries

hey can i get some help with this please and thank you!  hey can i get some help with this please and thank
you! Exercise 8-8A Record payroll (LO8-3) During January, Luxury Cruise Lines incurs
employee salaries of $1.4 million. Withholdings in January are $107100 for the
employee portion of FICA $210,000 for federal income tax, $87.500 for state

Exercise 8-8A Record payroll (LO8-3) During January, Luxury Cruise Lines incurs employee salaries of $1.4 million. Withholdings in January are $107100 for the employee portion of FICA $210,000 for federal income tax, $87.500 for state income tax, and $14,000 for the employee portion of health insurance (payable to Blue Cross Blue Shield). The company incurs an additional $86,800 for federal and state unemployment tax and $42,000 for the employer portion of health insurance Required: 1.3. 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 (l.e. 5 should be entered as 5,000,000).) View transaction list COM 2 L' Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits. Debit Credit Date General Journal January 31 Salaries Expense

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