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During the month of January, an employee earned $5,500 of salary. Withholdings from the employee's...

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Accounting

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During the month of January, an employee earned $5,500 of salary. Withholdings from the employee's salary consist of FICA Social Security taxes of $341.00, FICA Medicare taxes of $79.75, federal income taxes of $585.75, and medical insurance deductions of $233.75. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. (Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet

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