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Make sure to answer all requirements! P11-26A (similar to) Question Help ayroll tax expense on Walsh for FICA tax The company also paid state unemployment

Make sure to answer all requirements!

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P11-26A (similar to) Question Help ayroll tax expense on Walsh for FICA tax The company also paid state unemployment tax and federal bl.celer cigueat tay also earnad a veor end hoaus equal to 5% of his annual salary, Walsh's federal income tax withheld during 2018 was $854 per month, plus $1,464 on his bonus check. State income tax withheld came to S60 per month, plus (Click the icon to view payroll tax rate information.) thorized the following payroll deductions: Charity h undcontabution of 2 t mins and life inurace f Read the requirements Requirement 1. Compute Walsh's gross pay, payroll deductions, and net pay for the full year 2018. Round all amounts to the nearest dollar. Begin by computing Walsh's gross pay for the year. (Round a amounts to the nearest dollar. ) iRequlrements Gross pay -X More Info and net pay for the full yea 1 2018 Round all amounts to the nearest dollar Gross Pay 2. Compule Nalional's lolal 2018 payroll lax expense for Walsh. 3. Make t journal entry to record National's expense for Walsh's total earnings For all payroll calculations, use the following tax rates and round amounts to the nearest cent and vrol expienetion is not required Cash for nt n Employee OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to S200,000, 2.35% on eamings above $200,000. OASDI 6 2 % on first $118.500 earned; Medicare: 1 45% on all 4. Make t tor Walsh's total eamings. 5. Make Journal entry to record the accrual of National's payroll tax expense Employer : 0.6% on first S7,000 carned; SUTA 5.4 % on first payment of the payroll withholdings and laxes e journal entry for t Sz 000 oaned Print Done Print Done

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