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Assume that the payroll records of Martinez Oil Company provided the following information for the weekly payroll ended November 30, 2020. Year-to-Date Earnings Through Previous

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Assume that the payroll records of Martinez Oil Company provided the following information for the weekly payroll ended November 30, 2020. Year-to-Date Earnings Through Previous Week Employee Hours Worked Hourly Pay Rate Federal Income Tax Union Dues T.King 44 $53 $442 $9 $133,900 T. Binion 46 18 97 5 23,200 N.Cole 40 23 148 5.700 - C. Hennesey 42 28 230 7 49,500 Additional information: All employees are paid overtime at time and a half for hours worked in excess of 40 per week. The FICA tax rate is 7.65% for the first $132,900 of each employee's annual earnings and 1.45% on any earnings over $132,900. The employer pays unemployment taxes of 6.0% (5.4% for state and .6% for federal) on the first $7,000 of each employee's annual earnings. (a) Prepare the payroll register for the pay period. (Round answers to 2 decimal places, e.g. 15.25.) MARTINEZ OIL Payroll Re For the Week Ending Earnings Total Hours Employee Regular Overtime Gross Pay T.King 44 T.Binion 46 N.Cole 40 C.Hennesey 42 e Textbook and Media List of Accounts Save for Later $ $ $ $ $ Attempts: 0 of 5 used Submit Answer (b) Prepare general journal entries to record the payroll and payroll taxes. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 2 decimal places, e.g. 15.25. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Nov. 30 (To record weekly payroll) (To record employer's payroll taxes) Nov. 30 [[[ Employee earnings records for Bramble Company reveal the following gross earnings for four employees through the pay period of December 15. T.Tucker $ 105,850 D. Paiva $131,550 B. Bitney $130,250 N. Doane $134,050 For the pay period ending December 31, each employee's gross earnings is $4,800. The FICA tax rate is 7.65% on gross earnings of $132,900. Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Round answers to 2 decimal places, e.g. 52.75.) T.Tucker $ D. Paiva $ B. Bitney $ N. Doane $

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