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help please! I'm struggling with this one. Concord Hardware has four employees who are paid on an hourly basis plus time-and arhalf for all hours
help please! I'm struggling with this one.
Concord Hardware has four employees who are paid on an hourly basis plus time-and arhalf for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2022, are presented below: Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively, The following tax rates are applicable: FICA \7.65, state income taxes \3, state unerpployment taxes \5.4, and federal unemployment \0.6 (a) Prepare a payroll register for the weekly payroll No employee has reached the Social Security limit of \\$132.900 or the FUTAVUTA limit of \\( \\$ 7,000 \\), (Round answers to 2 decimal places, eg. 15.25. MARRIED Persons - WEEKLY Payroll Period Journalize the payroll on March 15,2022, and the accrual of employer payroll taxes. (Round answers to 2 decimal places, eg. 15.25. Credit occount tifles are dutomatically indented when amount is entered, Do not indent manually) Prepare a payroll register for the weekly payroll. No employee has reached the Social Security limit of \\$132,900 or the FUTA/SUTA limit of \\$7,000. (Round answers to 2 decimal places, es. 15.25) Journalize the payment of the payroll on March 16, 2022. (Round answers to 2 decimal places, es, 15.25. Credit account tilles are automotically indented when amount Is entered. Do not indent manually.) eTextbook and Media List of Accounts Attempts: 0 of 5 used (d) Journalize the deposit in a Federal Reserve bank on March 31, 2022, of the FICA and federal income taxes payable to the government. (Round answers to 2 decimal places, eg. 15.25. Credit account tities are outomatically indented when omount is entered. Do not indent manxialfy) Step by Step Solution
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