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 withholding table in Exhibit 9A.6.)

Exercise 9-10A Net pay and tax computations P5 PROBLEM SET A Problem 9-1A Short-term notes payable transactions and entries P1 Tyrell Co. entered into the following transactions involving short-term liabilities in 2007 and 2008.

2007 Apr. 20 Purchased $40,250 of merchandise on credit from Locust, terms are 1 10, n 30. Tyrell uses the perpetual inventory system.

May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 10%

annual interest along with paying $5,250 in cash.

Check Net pay, $578.54 Total (gross) earnings for current pay period . . . . . . . $ 725 Cumulative earnings of previous pay periods . . . . . . . . 9,600 AppendixLO1