Homework: Chapter 11 Exercises Scores of 1 pt 10 of 15 it comple! HW Score: 67% 1 of 15 pts S11-8 (similar to) OH Weror Cory has monthly sales of $4,000 Arvum Weaver pays at the standard payroll aces, no eres have reached the parte int to wore tax with 12.000, a nyertes Jom the secret of salaris expense clofemokryer pays, and payment of employee wederparto w ser Company (some of the month are to FUTUTA Record it. Select the ti on the lastne of the journal arayable Click the icon to view payrole information Degin with the entry to score salaries expense and payroll withings for the employee More info Date Account and Explanation Debit Crede For al payrol close the following this and found out the noastre Employee GASDE 6.2 or $158.500 med Media: 145 to $200.000 2.5% on sagstove $200.000 Employer CASOL 62% on first 118.500 care Medicare 145 cam FUTA 0.0% ont 7.000 med SUTA: 54 st $7,000 med Print Done Choose from any list or any number in the input lields and then clickCheck Anwar Check A Clear All 2 aning parts HW S11-8 (similar to) Weaver Company has monthly salaries of $34.000. Assume Weaver pays se standard payroll taxes, no employees have reached the payroll tax limits,total income tax witheid is $2.000 and the only payroll do Joumalize the accrual of salaries expense, accrual of employer payroll taxes, and payment of employee and employer payroll taxes for Werver Company Assume of the monthly salary is subject to FUTA and credits Select the explanation on the last line of the journal entry) Click the icon to view payroll tax rate information) Begin with the entry to accrue salaries expense and payroll withholdings for the employee Date Accounts and Explanation Debit Credit More Info Cash Employee Income Taxes Payable Federal Unemployment Taxes Payable FICA Medicare Taxes Payable FICA OASDI Taxes Payable Payroll Tax Expense Salaries Expense Sales Payable State Unemployment Taxes Payable For al payroll calculations, use the folowing tax rates and round amounts to the nearest cent Employee OASDE 6.2% on first $118.500 oamed: Medicare: 145% up to $200,000, 2.35% on samings above $200.000 Employer CASE: 6.2% on first 5118,500 camed, Medicare 1.45% on all earnings: FUTA: 0.6% on first 57,000 earned: SUTA: 54% on frst $7.000 eamed Print Done Choose from any list or enter any number in the input fields and then click Check Answer parts 2 remaining Clear All