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Natalle is considering hiring two permanent employees who are paid on an hourly bash plus time and abroad has worked excess of 40 hours per

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Natalle is considering hiring two permanent employees who are paid on an hourly bash plus time and abroad has worked excess of 40 hours per week She is curious as to how this would affecther company's francal position Secreted some twypothetical payroll data which are presented below. Hourly Rate Cumulative Prior Emines Federal Income Tax United Fund Employee Hours Worked 50 40 B. Borke $12 $9.216 10 12 9.984 50 E. Clacke Borke and Clarke are each married and they cam 1 and 2 withholdingowances The 25 ICA como the Social Security tax rate of 62% on stories and wases up to 51200 and the Medicorette State income taxes are 4. Federal and state unemployment team and son fra 7.000 during the year Cookie Creations Bas Bacter o Type here to search i Cookie Creations Payroll Register For the week ending Taxable Earnings Earnings Wages Hours Expense Gross Pay Cumulative Earning Social Security Medicare Unemployment Overtime ployees Regular O 0 480 9696 40 orke 480 10.644 480 180 40 50 Larke 5110 $20340 5960 5180 $1.140 otals O BE Type here to search Cookie Creations Payroll Register For the week ending Taxable Earnings Deductions Federal Income Tas Salaries and Warm Expert State Income Tax Social Security United Fund NotPay Total Medicare FICA employment 192.08 490 36.72 26.00 480 19.20 0 50 30 130 26.40 660 660 3000 50,69 5110 54560 $18 5.2001 $5800 $87.22 51.140 $0 $1.140 Type here to search Question 6 of 6 11.07/166 Your answer is partially correct What journal entry should be prepared to record the employers payrollares on this typothetical and over to 2 decimal places, es 15.25. Credit account titles are automatically indented when months content. Do not under Debit Credit Account Titles and Explanation State Income Taxes Pwable Federal income taxes Payable (To record employer's payroll taxes on the payroll) Textbook and Media an List of Accounts O Type here to search 11.07/16.6 if this were the first payroll period of the year, what journal entry would be made to cord theme hypothetical payroll (Round answers to 2 decimal places, 15:25. Credit account titles are under het entered. Do not indent many Credit Debit Account Titles and Explanation Payroll Tax Expense 1151 PCATae Paybe Federal crementale State Unemployment To record employerswyrollares on the rol 2 e Textbook and Media Type here to search O

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