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Jenna Lindsay works at College of Portland and is paid $20 per hour for a 40-hour workweek and time-and-a-half for hours above 40. (Click the

Jenna Lindsay works at College of Portland and is paid $20 per hour for a 40-hour workweek and time-and-a-half for hours above 40. (Click the icon to view payroll tax rate information.) Read the requirements Requirements 1. Compute Lindsay's gross pay for working 58 hours during the first week of February. 2. Lindsay is single, and her income tax withholding is 15% of total pay. Lindsay's only payroll deductions are payroll taxes. Compute Lindsay's net (take-home) pay for the week. Assume Lindsay's earnings to date are less than the OASDI limit. 3. Journalize the accrual of wages expense and the payments related to the employment of Jenna Lindsay. - X More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% 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: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. - Jenna Lindsay works at Colege of Portland and is paid $20 per hour for a 40-hour workweek and sma-and-a-half for hours shove 40 (Click the xon to view payroll tax rate information) Read the requirements Requirement 1. Compute Lindsay's gross pay for working 58 hours during the first week of February Straight ame pay for 40 hours Overtime pay for 38 hours Gross Pay 2300 Requirement 2. Lindsay is single, and her income tax withholding is 15% of total pay. Lindsay's only payroll deductions are pay taxes Compute Lindsay's net (take-home) pay for the week. Assume Lindsay's eamings to data are less than the OASDI limit (Round at amounts to the nearest cont.) Withholding deductions Net (take-home) pay Requirement 3. Journalize the accrual of wages expense and the payments related to the employment of Jenna Lindsay (Record debts first, then credits. Select the explanation on the last line of the puma entry table) Begin with the entry to accrue wages expense and payroll withholdings for Jenna Lindsay, (Round all amourts to the nearest cent.) Mont Requirement 3. Journalize the accrual of wages expense and the payments related to the employment of Jenna Lindsay. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Begin with the entry to accrue wages expense and payroll withholdings for Jenna Lindsay. (Round all amounts to the nearest cent) Date Accounts and Explanation Debit Credit Now record the entry to record the payment of wages to Jenna Lindsay (Round all amounts to the nearest cent) Date Accounts and Explanation Debit Credit

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