F11-26A (book/static) Question Lorny Worthington is general manager of Countrywide Salons. During 2024. Worthington worked for the Countrywide incurred payroll tax expense on Worthington for FICA tax. The company topic company all your at a $13.400 monthly salary. He also comed a year-end bonus equal to 10% of his annual unemployment tax and federal unemployment tax salivy. Worthington's federal income tax withheld during 2024 was 5938 per month plus $3.210 in his bonus check State income tax withhold come to $70 per mont plus 550 on the bonus FICA tax was Click the icon to view payroll tax rate information withold on the annual caringaWorthington authorized the following payroll Seductions Charity Fund Read the rooms contribution of 2% of total earnings and life insurance of $20 per month Requirement 1. Computo Worthington's grous pay, payroll deductions, and not pay for the tut yoar 2024. Round all amounts to the nearest dollar, Begin by computing Worthington's gross pay for the year Round all amounts to the nearea do) Grupay Grons Pay F11-26A (book/static) Lenny Worthington is general manager of Countrywide Salons. During 2024. Worthington worked for the Countrywid company all year at a $13,400 monthly salary. He also earned a year-end bonus equal to 10% of his annual unemploym salary. Worthington's federal income tax withheld during 2024 was $938 per month, plus $3,216 on his (Click bonus check. State income tax withheld came to $70 per month, plus $50 on the bonus. FICA tax was withheld on the annual earnings. Worthington authorized the following payroll deductions: Charity Fund Read the re contribution of 2% of total earnings and life insurance of $20 per month. Requirement 1. Compute Worthington's gross pay, payroll deductions, and net pay for the full year 2024. Round all amou Begin by computing Worthington's gross pay for the year. (Round all amounts to the nearest dollar.) Gross pay Gross Pay Choose from any list or enter any number in the input fields and then click Check Answer. Clear All 5 parts remaining O Type here to search 1. Compute Worthington's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute Countrywide's total 2024 payroll tax expense for Worthington. 3. Make the journal entry to record Countrywide's expense for Worthington's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required. 4. Make the journal entry to record the accrual of Countrywide's payroll tax expense for Worthington's total earnings. 5. Make the journal entry for the payment of the payroll withholdings and taxes. Print Done (COOK/static) Lenny Worthington is general manager of Countrywide Salons. During 2024, Worthington worked for the company all year at a $13,400 monthly salary. He also earned a year-end bonus equal to 10% of his annual salary. Worthington's federal income tax withheld during 2024 was $938 per month, plus $3,216 on his bonus check. State income tax withheld came to $70 per month, plus $50 on the bonus. FICA tax was withheld on the annual earnings. Worthington authorized the following payroll deductions: Charity Fund contribution of 2% of total earnings and life insurance of $20 per month. Requirement 1. Compute Worthington's gross pay, payroll deductions, and net pay for Begin by computing Worthington's gross pay for the year. (Round all amounts to the nea Gross pay: rai irce Choose from any list or enter any number in the input fields and then click Check Answ
