1) An employee works 45 hours. She is paid $12.50 per hour and is entitled to overtime. Compute her gross pay. 2) Refer to #1. Assume she lives and works in Texas. The social security rate is 62%. The medicare rate is 1.45% Compute her ne pay 3) Typically, what are the four types of payroll taxes that payroll personnel need to be concerned with? 4) Describe the types of adjustments that need to be made for workers compensation insurance 5) Describe the purpose of the petty cash account 6) Describe the purpose of the cash short and over account