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a ce Seaford Company has monthly sales of 24.000. Assume Seaford the standard payrole , nemployees have reached the payroll bas ta come fax with

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a ce Seaford Company has monthly sales of 24.000. Assume Seaford the standard payrole , nemployees have reached the payroll bas ta come fax with dis 2.000 and new productions are p l acral of salaries expense, oral of employer paymes and payment of employee and employer payrols for Sword Company Assume of the mon ary subject to PUTASUTA Hecord de pens explanation on the last line of the journal entry table) Cho the icon to view payroll taxabinformation e Begin with the entry lo salaries expense and payroll withholdings for the employee More info For all payroll calculations use the following tax rates and round amounts to the Employee OASD: 62% on 5116,500 camned. Medicare: 1.45% up to $200.000 2.500 on earrings above $200,000 OASDI: 62% on first $118.500 camed: Medicare: 1.45% on al ang FUTA Non 7.000 SUTA 5.45 on Employer Nest, record the entry to more employer payroll aces for Staford Company Accounts and Explanation Print Done Now record the payment of employee and employer payroll taxes for Seaford Company Accounts and explanation Debit Credit Seaford Company has many as of 24.000 A Seaford Oestione the day whee l come d 2000 e Begin with the entry to come sempre and payrol Withings for the employee Accounts and Explanation O Moreno For the long a n d more the Employee Employer OASE on 118.500 Medicare 145 5200.000 23 g ove 200.000 CASOT 6 2 110.00 and Medicare 1 ang PUTA 0.0ont 7.000 arred SUTA: 54 on $7.000 earned Next, record the entry to accrue employer payrolles for Seaford Company Accounts and Explanation Print Dono Now record the payment of employee and employer payroll acces for Seaford Company Ch e ry store for any number in the input fields and then continue to the next question 4 of 14 (9 complete) es have reached the payroll tax limits, total income tax withheld is $2,000, and the only payrc for Seaford Company (Assume all of the monthly salary is subject to FUTA and SUTA. Reca i More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $118.500 eamed; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 eamed. Print Done Begin with the entry to accrue salaries expense and payroll withholdings for the employee. Date Accounts and Explanation Debit Credit Next, record the entry to accrue employer payroll taxes for Seaford Company. Date Accounts and Explanation Debit Credit Now record the payment of employee and employer payroll taxes for Seaford Company. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next

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