Business, 19.11.2019 06:31 emmamood

During january, luxury cruise lines incurs employee salaries of $1.1 million. withholdings in january are $84,150 for the employee portion of fica, $165,000 for federal income tax, $68,750 for state income tax, and $11,000 for the employee portion of health insurance (payable to blue cross blue shield). the company incurs an additional $68,200 for federal and state unemployment tax and $33,000 for the employer portion of health insurance. record the necessary entries in the journal entry

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During january, luxury cruise lines incurs employee salaries of $1.1 million. withholdings in januar...