The payroll records of One Click Software show the following information about Keisha LeShon, an employee, for

Question:

The payroll records of One Click Software show the following information about Keisha LeShon, an employee, for the weekly pay period ending September 30, 2008. LeShon is single and claims one allowance. Compute her Social Security tax (6.2%), Medicare tax ( 1.45%), federal income tax withholding, state income tax (0.5%), and net pay for the current pay period. The state income tax is 0.5 percent on the first \($9,000\) earned. (Use the wage bracket withholding table in Exhibit 9.4 for the amount of federal income tax to withhold.)


image text in transcribed

image text in transcribed





Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

Question Posted: