Alesa Wison works for ADL af year and earns a monthly salary of $12,100. There is no ovectime pay Aloxars income tax withholding rafe ia 24 . elects to contribute 3% monthly to United Way. ADL also deducts $150 menthly for co-payment of the health insurance premium. As of September 30 , Alexa had $121,000 of curnulaties eamings. (Click the keon to view payroll tax rate information.) Read the reaurements. Requirement 1. Compute Alaxa's net poy for Oclober. (Round all amounts to the nawrest cant) journal entry table.) Begin with the entry to accrue salaries expense and poyrot withoidings for Nesa Wisen. (RRound all amoverts to Pe cearet tent! Alexa vuison works for ADL all year and eams a monthyy salary of $12,100. There is no overtime pay. Alexa's income tax withholding rate is 24% of gro elects to contribute 3% monthly to United Way. ADL also deducts $150 monthly for co-payment of the health insurance premium. As of September 30 , 1. (Click the icon to view payroll tax rate information.) - all year and earns a monthly salary of $12,100. There is no overtime pay. Alexa's income tax withholding rate inthly to United Way. ADL also deducts $150 monthly for co-payment of the health insurance premium. As of Se payroll tax rate information.) Requirements 1. Compute Alexa's net pay for October. 2. Journalize the accrual of salaries expense and the payment related to the employment of Alexa Wilson. ADL all year and earns a monthly salary of $12,100. There is no overtime pay. Alexa's income tax withholding \% monthly to United Way. ADL also deducts $150 monthly for co-payment of the health insurance premium. As o o view payroll tax rate information.) More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Clipk the icon to view parrol tax rafe information y Resd the requirements fromag antry fation Alexa Wilson works for ADL all year and earns a monthly salary of $12,100. There is no overtime elects to contribute 3% monthly to United Way. ADL also deducts $150 monthly for co-payment of (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Alexa's net pay for October. (Round all amounts to the nearest cent.) Withholding deductions: Net (take-home) pay Requirement 2. Journalize the accrual of salaries expense and the payment related to the employment journal entry table.) Begin with the entry to accrue salaries expense and payroll withholdings for Alexa Wilson. (Round all an y of $12,100. There is no overtime pay. Alexa's income tax withholding rate is 24% of gross pay. In addition to payroll taxes, Alexa cts $150 monthly for co-payment of the health insurance premium. As of September 30, Alexa had $121,000 of cumulative earnings. ad all amounts to the nearest cent.) se and the payment related to the employment of Alexa Wilson. (Record debits first, then credits. Select explanations on the last line of the oll withholdings for Alexa Wilson. (Round all amounts to the nearest cent.)
