5)

6)

Martin Jackson receives an hourly wage rate of $14, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, 5345; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to Jackson? Oo. 5595.1) Ob. 586513 Oc. $270,13 Od 5665.00 The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $10,280.00 Social security and Medicare taxes withheld 771.00 Income taxes withheld 283.00 Retirement savings 451.00 The entry to record the payment of net pay would include a Oa. debit to Salaries Payable for $8,775.00 Ob. debit to Salaries Payable for $10,280.00 Oc. credit to Salaries Payable for $8,775.00. Od. credit to Salaries Expense for $8,775.00