accounting principle I

Coronado Hardware has four employees who are paid on an hourly basis plus time-and-a half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2022, are presented below. Abel and Hager are married. They claim O and 4 withholding allowancel respectively. The following tax rates are applicable: FICA 7.65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.6%. (a) Prepare a payroll register for the weekly payroll. No employee has reached the Social Security limit of $132,900 or the FUTAVSUTA limit of $7,000. (Round answers to 2 decimal places, es. 15.25.) MARRIED Persons - WEEKLY Payroll Period \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|l|} 1,481 & 1,492 & 144 & 134 & 124 & 115 & 105 & 95 & 86 & 76 & 66 & 56 & 47 \\ 1,492 & 1,503 & 145 & 135 & 126 & 116 & 106 & 97 & 87 & 77 & 67 & 58 & 48 \\ 1,503 & 1,514 & 146 & 137 & 127 & 117 & 108 & 98 & 88 & 78 & 69 & 59 & 49 \\ 1,514 & 1,525 & 148 & 138 & 128 & 119 & 109 & 99 & 89 & 80 & 70 & 60 & 51 \\ 1,525 & 1,536 & 149 & 139 & 130 & 120 & 110 & 101 & 91 & 81 & 71 & 62 & 52 \\ \hline \end{tabular} Earnings Rita Hager 42 JackNever 43 Sue Perez 46 Totals Payroll Register For the Week Ending March 15, 2022 Deductions Gross Pay Salaries and Wages $ United Fund Total Net Pay Expense $ 5 $