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Following are some transactions and events of Business Solutions Feb. 26 The company paid cash to Lyn Addle for sight days' work at $150 per

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Following are some transactions and events of Business Solutions Feb. 26 The company paid cash to Lyn Addle for sight days' work at $150 per day Mar 25 The company sold merchandise with a $2,400 cost for $3.500 on credit to wildcat Services, Invite ditet 15 Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,200 of wages have deductions for FICA Social Security FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay penod total 5120 Computer pay for the days' work paid on February 26. (Round your answer to 2 decimal places. Do not round intermediate enteuniors) 2. Record the journal entry to reflect the payroll payment to Lyn Addle as computed in pan (Round your anwers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the employer) payroll tax expenses for the February 26 payroll qayment Assume Lyn Addias not met earnings limits for FUTA and SUTA (the FUTA rate is 06% and the SUTA rate 15.4% for the Company Round your answers to 2 decimal places. Do not round Intermediate calculations.) 4. Record the entries for the merchandise sold on March 25 i 34% sales tax rate applies (Round your answers to the nearest whole dollar) Complete this question by entering your answers in the tabs below. D Det

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