Following are some transactions and events of Business Solutions reb. 26 The coapany paid cash to trn Addie foright days, wark at $125 per day. Mar. 25 The campany sold merchandise with a 2,002 cost for $2,800 on eredit to wildoat Services, invoice dated Nareh 25 Required: L. Assume that Lyn Addie is an unmarried emplayee Her $1,000 of weges are subject to no deductions other than FICA unmarried emplayee. Her $1 Soctei Securty 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. 2. Record the journal entry to reflect the payroll peyment to Lyn Addie as computed in pert 1 3. Record the journal entry to reflect the (employen peyroll tax expenses for the February 26 payroll payment. Assume Lyn Adde has not met earnings limits for FUTA and SUTA (the FUTA rate so6S and the SUTA rate B4% for the company Record the emnesfor the merchandise sold on March 25 if a 4% sales tax rate apples. Complete this question by entering your answers in the tabs below. Required Required Required Required 2 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.) Show less Required 2> Complete this question by entering your answers in the tabs below Required Requlred Required Required 2 Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. (Do not round intermediate calculations. Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Record the payroll expenses and liabilities for the eight days' work paid on February 26. Note: Enter debits before credits. Date Feb 26 2019 neral Journal View general journai Record entry Clear entry C Required 1 Required 3 > C Prev 6 of 7 ll Next > 3 a 4% sales tax rale apple 4.Record the entres tr te merrentse sold on March 25 Complete this question by entering your answers in the tabs below. Required Required Required Required 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.) Show lessA View transaction list Journal entry worksheet Record the employer's payroll expenses and liabilities for the eight days' work paid on February 26 Note: Enter debits before credits. Debit Cre 2019 Record entry View general journal Clear entry Required 2 Required 4 3 Required Required Required Required Record the entries for the merchandisesold on March 25 if a 4% sales tax rate applies. View transaction list Journal entry worksheet Wildcat Services together with 4% sales tax on every dollar of merchandise sold. Note: Enter debits before credits. Credit Mar 25 2019 View general journal Record entry Clear entry 3 Complete this question by entering your answers ih the tabs below. Required Required Required Required Record the entries for the merchandise sold on March 25 if a 4% sales tax rate appl View transaction list 2 Journal entry worksheet Record the cost of goods sold of $2,002 Note: Enter debits before credits Debit Credit Date Mar 25 2019 General Jou Record entry View general journal Clear entry
