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Herbert Simpson manages a Fro World den. Het me pay is $20 per hour, with time and a half for hours in excess of 40

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Herbert Simpson manages a Fro World den. Het me pay is $20 per hour, with time and a half for hours in excess of 40 per week. Simpson's payroll deductions include withheld income tax of 30%, FICA tax and a weekly deduction of $6 for a charitable contribution to United Way. Simpson worked S6 hours during the week. Click the icon to view payroll tax rato Womation) Read the requirements Requirement 1. Compute Simpson's grown pay and not pay for the week. Anume earnings to data are $9.000 (Round al amounts to the nearest cont) Begin by computing Simpson's gross pay for the week Grows Pay Computerorisme pay for the weekend all amounts to the nearest) Withholding deductions Gross Pay Compute Simpson's net pay for the week. (Round all amounts to the nearest cent.) Withholding deductions: Net (take-home) pay Requirement 2. Joumalire Frosty World's wages expense accrual for Simpson's work. An explanation is not required. (Record debts first, then credits. Exclude explanations from journal entries) Accounts Credit Date Debit Requirement 3. Joumalize the subsequent payment of wages to Simpson (Record debits first, then credits. Exclude explanations from journal entries.) Credit Date Accounts Debit net pay fo More Info ek. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned all amounts Print Done

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