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hurry please Following are some transactions and events of Business Solutions. February 26 The company paid caoh to Lyn Addie for eight daya' work at

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Following are some transactions and events of Business Solutions. February 26 The company paid caoh to Lyn Addie for eight daya' work at $120 per day. March 25 The coepany sold merchandise with a $2,400 cont for 33,000 on eredit to wildeat Servicei, involce dated March 25 . Required: 1. Assume that Lyn Addie is an untmarried employee. Her $960 of wages have deductions for FICA Social Security toxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total \$96. Compute her net pay for the eight days' work paid on February 26. 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company). 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies. Complete this question by entering your answers in the tabs below. Assume that Lyn Addie is an unmarried employee. Her $960 of wages have deductions for FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total \$96. Compute her net pay for the eight days' work paid on February 26. (Round your answer to 2 decimal places, Do not round intermediate calculations.)

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