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Happy Company of Texas pays its employees monthly and is monthly depositor for Form 941 The following payroll information is for the second quarter of

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Happy Company of Texas pays its employees monthly and is monthly depositor for Form 941 The following payroll information is for the second quarter of 2018. Assume all pay periods were the sam WITHHOLDINGS MPLOYERS Wages $ 267.000.00 OASDI HI FIT OASDI HI Totals $ 16,554.00 $3.871.50 $16,554.00 $3.871.50 $28,500.00 The number of employees for the quarter was 11 Assume that all tax deposits match the liability for the period. The total taxes per payday are The total taxes per payday are: $5,518.00 Employees' FICA Tax -OASDI Employer's FICA Tax - OASDI $5,518.00 Employees' FICA Tax - HI $1,290.50 Employer's FICA Tax-HI $1,290.50 Employees' FIT $9.,500 Total $23,117.00 moOnWprd-703238-dt-content-rid-36557501 1/courses/19 SU AC Required: 1) Prepare Form 941 (Pages 1 & Page 2-Part 2) for Happy Company for the second quarter. Don't worry about their ID number or address. You do not need to worry about Part 3, 4 or 5 on Page 2. You do not need to sign the return

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