Ashley Bennington works for ABC all year and earns a monthly salary of $12,200. There is no overtime pay. Ashley's income tax withholding rate is 20% of gross pay. In addition to payroll taxes, Ashley elects to contribute 2% monthly to United Way. ABC also deducts $125 monthly for co-payment of the health insurance premium. As of September 30, Ashley had $109,800 of cumulative earnings. (Click the icon to view payroll tax rate information.) Requirements 1. Compute Ashley's net pay for October. 2. Journalize the accrual of salaries expense and the payments related to the employment of Ashley Bennington. Requirement 1. Compute Ashley's net pay for October. (Round all amounts to the nearest cent.) Withholding deductions: Ashley Bennington works for ABC all year and earns a monthly salary of $12,200. There is no overtime pay. Ashley's income tax withholding rate is 20% of gross pay. In addition to payroll taxes, Ashley elects to contribute 2% monthly to United Way. ABC also deducts $125 monthly for co-payment of the health insurance premium. As of September 30, Ashley had $109,800 of cumulative earnings. (Click the icon to view payroll tax rate information.) Requirements 1. Compute Ashley's net pay for October. 2. Journalize the accrual of salaries expense and the payments related to the employment of Ashley Bennington. Now record the entry to record the payment of wages to Ashley Bennington. (Round all amounts to the nearest cent.) Date Accounts and Explanation Choose from any list or enter any number in the input fields and then continue to the next question. Ashley Bennington works for ABC all year and earns a monthly salary of $12,200. There is no overtime pay. Ashley's income tax withholding rate is 20% of gross pay. In addition to payroll taxes, Ashley elects to contribute 2% monthly to United Way. ABC also deducts $125 monthly for co-payment of the health insurance premium. As of September 30, Ashley had $109,800 of cumulative earnings. (Click the icon to view payroll tax rate information.) Requirements 2. Journalize the accrual of salaries expense and the payments related to the employment of Ashley Bennington. Now record the entry to record the payment of wages to Ashley Bennington. (Round all amounts to the nearest cent.) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next