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a)Make the necessary entry to record the payment of the payroll b) Make the entry record the payroll tax expenses of Wildhorse c) Make the

image text in transcribeda)Make the necessary entry to record the payment of the payroll

b) Make the entry record the payroll tax expenses of Wildhorse

c) Make the entry to record the payment of the payroll liabilities created. Assume that the company pays all payroll liabilities at the end of each month.

(Please also explain how you calculate, thank you)

The following is a payroll sheet for Wildhorse Imports for the month of September. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $106,800. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $106,800 per employee. (a) Complete the payroll sheet. (Round answers to 2 decimal places, e.g. 15.26.) Unemployment Tax Earnings to Aug. 31 September Earnings Income Tax Withholding Name FICA State Federal Jerry Kaye $74,000 $13,000 $ $ $ $ Jessie Randle 105,000 19,000 Javier White 5,700 800 Jeremy Taggle 125,000 19,000 John Jay 43,100 7,200 Joan Short 3,300 1,600 Total $ $

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