1.Compute Loris net pay for October

2. Johrnalize the accrual of salaries expense and the payments related to the employment of Lori Waverly.

Boston i antu Jenna Lindsay works at College of workweek and time-and-a-half for hours above 40. Requirements 1. Compute Lindsay's gross pay for working 54 hours during the first week of February 2, Lindsay is single, and her income tax withholding is 10% of total pay. Lindsay's only payroll deductions are payroll taxes. Compute Lindsay's net (take-home) pa for the week. Assume Lindsays earnings to date are less than the OASDI limit. 3. Journalize the accrual of salaries and wages expense and the payments related to the employment of Jenna Lindsay S11-7 Computing payroll amounts considering FICA tax ceilings Lori Waverly works for MRK all year and carns a monthly salary of $11,700. There is no overtime pay. Loris income tax withholding rate is 20% of gross pay. In addition to payroll taxes, Lori elects to S125 monthly for co-payment of the health insurance premium. As of September 30, Lori had $114,900 of cumulative earnings. contribute 4% monthly to United Way. MRK also deducts Requirements 1. Compute Lori's net pay for October. 2. Journalize the accrual of salaries expense and the payments related to the employ ment of Lori Waverly