Mary Losch operates a travel agency called Mary's Luxury Travel. She has five employees, all of whom are paid on a weekly basis. The travel agency uses payroll register, individual employee earnings records and a general journal.

Mary's luxury travel uses a weekly federal income tax withholding table. Refer to Figure 8-4 in the text. The payroll data for each employee for tue week ended March 22, 20--, are shown. Employees are paid 1 1/2 times tue regular rate for working over 40 hours a week.

Social Security tax is withheld form the first $128,400 of earnings at the rate 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both apllied to gross pay. Bacon and Leung have $13 withheld and Cole and Hicks have $6 withheld for health insurance. Bacon and leung have $20 withheld to be invested in the travel agency's credit union. Cole has $38.75 withheld and Hicks has $18.75 withheld under a savings bond purchase plan.

Mary's Luxury travel's payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with check No.423.

1) prepare a payroll register for Mary's Luxury Travel for the week ended March 22,20--, (In the Taxable Earnings/Unemployment Compensation column, enter the same amounts as in the Social security column.) Total the amounts Columns

If required round answer to nearest cent.

Assuming that the wages for the week ended March 22 were paid on March 24, prepare the journal entry for the paymentof the payroll.

hours a week. 1. Axpare a payroll register for Mary's Luxury Travel for the week ended March 22, 20-. (In the Taxable Earningu/Unemployment Compensation column, entar the same amounts an in the If requitred, round your anuwers to the nearest cent. ef of the pavoll. Assuming that the wages for the week ended March 22 were paid on March 24, prepare the journal entry for the paymint of the parmoll