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10% Use the following information for the next four questions. (#6 - #9) Hampstead Co. needs their payroll for March 20, 2019 to be computed.

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10% Use the following information for the next four questions. (#6 - #9) Hampstead Co. needs their payroll for March 20, 2019 to be computed. Information needed to do so is listed below: Gross Wages $15,000.00 Federal Income Tax Withholding State Income Tax Withholding 5% FICA-SS Tax $930.00 FICA - MC Tax $217.50 Health Insurance Contribution $400.00 Pension Contributions $300.00 6. How much is the net pay for this payroll? a. $11,120 b. $11,202.50 c. $10,902.50 d. $15,000 7. How much money should be sent to the Federal government within the next few days? a. $1,147.50 b. $3,795.00 c. $1,800.00 d. $2,647.50 8. Which General Ledger account will be credited for the net pay? a. Wages Expense b. Cash c. Salaries Expense d. Taxes Payable 9. How much money should be sent to the State government within the next few days? a. $600 b. $730 c. $250 d. $750

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