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are subject to Social Security tax witheld at the rate of 6 . 2 % and Medicare tax at the rate of 1 . 4
are subject to Social Security tax witheld at the rate of and Medicare tax at the rate of He worked hours of overtime last week week ended July
Required:
Compute the following: If required, round your answers to the nearest cent.
a Regular pay for the week
b Overtime pay for the week
c Total gross wages
d Federal Income Tax
e Sodal Security withheld
f Medicare tex withheld
g Total withholding
h Net pay
Journalize the payroll entry. When required, round your answers to the nearest cent. If an amount box does not require an entry, leave it blank.
tableDATEDESCRTPTION,tablePOSTREFDEBIT,CREDIT Jul.
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