Following are some transactions and events of Business Solutions. Feb. 26 The company paid cash to Lyn Addie for eight days work at $125 per day. Mar. 25 The company sold merchandise with a $2,002 cost for $2,see on credit to Wildcat Services, invoice dated March 25. Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,000 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal Income taxes. Her federal income taxes for this pay period total $159. Compute her net pay for the elght days' work pald on February 26. 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1 3. Record the journal entry to reflect the employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addle has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 4% for the company. 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Assume that Lyn Addie is an unmarried employee. Her $1,000 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $159. Compute her net pay for the eight days' work paid on February 26. (Do not round intermediate calculations. Round your answer to 2 decimal places.) $ 764.50 Required Required 2 > Following are some transactions and events of Business Solutions Feb. 26 The company paid cash to Lyn Addie for eight days work at $125 per day. Mar 25 The company sold merchandise with = 12,62 cost for , credit to wildcat Services, Ince dated March 25. Required: 1. Assume that Lyn Addie is an unmanned employee. Her $1,000 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for the pay period total $159. Compute her net pay for the eight days' work paid on February 26 2. Record the journal entry to reflect the payroll payment to Lyn Adde as computed in part 1 3. Record the journal entry to reflect the employer payroll tax expenses for the February 26 payroll payment Acume lyn Adde has not met earnings limits for FUTA and SUTA the FUTA rate is 06% and the SUTA rate is 4% for the company 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate appes Complete this question by enter the table Required Required 2 Recard the journal entry to refled the part de stadDe View transaction 1 Feb 28, 2018 Required Following are some transactions and events of Business Solutions Feb. 26 The company paid cash to Lyn Addie for eight days' work at $125 per day. Mar. 25 The company sold merchandise with a $2,082 cost for $2,800 on credit to Wildcat Services, invoice dated March 25. Required: 1. Assume that Lyn Addle is an unmarried employee. Her $1,000 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal Income taxes. Her federal income taxes for this pay period total $159. Compute her net pay for the eight days' work pald on February 26. 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1 3. Record the journal entry to reflect the employer payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 4% for the company. 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies Complete this question by entering your answers in the tabs below. Required 1 Required 2 Reifuired 3 Required 4 Record the journal entry to reflect the employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 4% for the company. (Do not round intermediate calculations. Round your answers to 2 decimal places.) View transaction list View journal entry worksheet No Date General Journal Debit Credit Feb 26, 2019 Payroll taxes expense FICA-Social security taxes payable FICA-Medicare taxes payable Federal unemployment taxes payable RCA Medida com Her federal income for the pay period to Comerytor 2. Second the journey to the payroll payment to lyn Adde a computed in part cond the journey to the employer payroll tax expenses for the Peary 26 payroll peyecey has matmetes for FUTA and SUTAFUTA 06 and the SUTAM sex for the company Journal entry worksheet 2 > Record theme of $2.000 an account to wildcat Services together wake wa very dollar of merchandise sold 2010 View general journal