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Harry Sully manages a Dairy Land drive in His straight-time pay is 518 per hour with time-and-a-half for hours in excess of 40 per week.

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Harry Sully manages a Dairy Land drive in His straight-time pay is 518 per hour with time-and-a-half for hours in excess of 40 per week. Sully's payroll deductions include withheld income tax of 40%, FICA tax and a weekly deduction of $12 for a charitable contribution to United Way Sully worked 54 hours during the week (Click the icon to view payroll tax rate information ) Read the requirements Requirement 1. Compute Sully's gross pay and net pay for the week. Assume earnings to date are $14.000 (Round all amounts to the nearest cent) Begin by computing Sully's gross pay for the week. Gross Pay Compute Sully's net pay for the week. (Round all amounts to the nearest cent) Withholding deductions: Net take home) pay Requirement 2. Joumalize Dairy Lands wages expense accrual for Sully's work. An explanation is not required (Record debits first, then credits Exclude explanations from Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Question Help More Info Bully's payroll deductions include with Harry Sully manages a Dairy Land drive-in income tax of 40%, FICA tax, and a weekly (Click the icon to view payroll tax rate in Read the requirements For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee Requirement 1. Compute Sully's gross pay Begin by computing Sully's gross pay for the arest cent OASDI: 62% on first $118.500 earned, Medicare: 1.45% up to $200,000,2 35% on earnings above $200,000 OASDI: 6.2% on first $118.500 earned Medicare: 1.45% on all earnings. FUTA: 0.5% on first $7,000 eamed, SUTA 5.4% on first $7000 earned Employer Print Done Gross Pay Compute Sully's net pay for the week. (Round all amount in the 0 Requirements Withholding deductions 1. Compute Sully's gross pay and net pay for the week. Assume earnings to date are $14000 2. Journale Dalry Land's wages expense accrual for Sully's work. An explanation is not required 3. Journalize the subsequent payment of wages to Sully Net (take home) pay Requirement 2. Journalize Dairy Land's way Print Done Jedits. Exclude explanations from journal Date Accounts Debit Credit Choose from any it or enter any number in the input fields and then continue to the next question Harry Sully manages a Dairy Land drive-in His straight-time pay is 518 per hour with time-and-a-half for hours in excess of 40 per week. Sully's payroll deductions include withheld Income tax of 40%, FICA tax, and a weekly deduction of 512 for a charitable contribution to United Way Suly worked 54 hours during the week Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Compute Sully's gross pay and not pay for the week. Assume carings to date are $14.000 (Round all amounts to the nearest cant) Begin by computing Sully's gross pay for the week Employee Income tax Medicare tax (OASDI tax Overtime pay for 14 hours Straight-time pay for 40 hours Net (take home) pay Requirement 2. Journalize Dairy Land's wages expense accrual for Suly's work. An explanation is not required (Record debits first, then credits Exclude explanations from journal Date Accounts Credit Choose from any list or enter any number in the input fields and then continue to the next question Harry Sully manages a Dairy Land drive-in. His straight-time pay is 518 per hour, with time-and-a-half for hours in excess of 40 per week Suly's payroll deductions include withheld Income tax of 40%, FICA tax and a weekly deduction of $12 for a charitable contribution to United Way Sully worked 54 hours during the week (Click the icon to view payroll tax rate information Read the requirements Requirement 1. Compute Sully's gross pay and not pay for the week. Assume earnings to date are $14,000. (Round all amounts to the nearest cent) Begin by computing Sully's gross pay for the week Cess Pay Compute Sully's net pay for the week. (Round all amounts to the nearest cent) Employee contribution to United Way Employee income tax Employee Medicare tax Employee OASI Gross pay Total withholdings take home pay Requirement 2. Journalize Dry Lands wages expense accrual for Suly's work. An explanation is not required (Record debts first the credits Exclude explanations from ournal entries) De Accounts Credit Choose from any list or enter any number in the input fields and then continue to the next question Harry Sully manages a Dalry Land drive-in. His straight-time pay is 518 per hour with time and-a-half for hours in excess of 40 per week Sulys payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of 512 for a charitable contribution to United Way Sully worked 54 hours during the week Click the icon to view payroll tax rate information) Read the requirements Gross Pay Compute Sully's net pay for the week. (Round all amounts to the nearest cent Withholding deductions Employee contribution to United Way Employee income tax Employee Medicare tax Employee OASDI tax Gross pay Total withholdings bequement onze Uary Lanus wages expense accrual for Sully's work. An explanation is not required (Record debits first, then credits. Exclude explanations from journal tes) Accounts Debit Credit Choose from any list of enter any number in the input fields and then continue to the next question Question Help Harry Sully manages a Dairy Land drive-in. His straight-time pay is 518 per hour, with time and a half for hours in excess of 40 per week Sully's payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of 512 for a charitable contribution to United Way Sully worked 54 hours during the week (Click the icon to view payroll tax rate information) Read the requirements Net take home pay Requirement 2. Joumalize Dairy Land's wages expense accrual for Sully's work. An explanation is not required. (Record debits first, then credits Exclude explanations from journal entries) Date Accounts Debit Credit Employee Income Taxes Payable FICA Medicare Taxes Payable FICA OASD Taces Payable Payroll Tax Expense Regule United Way Payale Wages Expense Date Wages Payable ord debitis furst, then credits Exclude explanations from journal entries) Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Question Help Harry Sully manages a Dairy Land drive-in His straight-time pay is $18 per hour, with time and a hall for hours in excess of 40 per week Sully's payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of 512 for a charitable contribution to United Way Sully worked 54 hours during the week Click the icon to view payroll tax rate information) Read the requirements Net take home) pay Requirement 2. Journalize Dairy Land's wages expense accrual for Sully's work. An explanation is not required (Record debit est, then credits Exclude explanations from journal entries) Date Accounts Debit Credit Cash Employee Income Taxes Payable FICA Medicare Taxes Payable FICA OASDI Taxes Payable Payroll Tax Expense United Way Payable Requiremer Wages Expense Date Wages Payable ord debills first, then credits Exclude explanations from journal entries) Debit Creda Choose from any test or enter any number in the input fields and then continue to the next

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