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need help asap! 5. For the most recent two-week pay period, Company Tachpans had a single employes: Maric. Mark's salary for the period was S4,600.

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5. For the most recent two-week pay period, Company Tachpans had a single employes: Maric. Mark's salary for the period was S4,600. Federal income Tax withholding for the period is \$1,080; state withholding is $252. Social Security and Medicare are withheld at 6.2% and 1.45% respectively. Mark's carnings for the year to date are $67,000. Mark has also authorized Tachpans to withhold a retirement contribution of $1,000 per pay period and a charitable contribution of 590 . Required: Use tab "P 5n to prepare the joumal entry to record the payroll expense for this period. This entry should include Mark's net pay. Prepare the joumal entry to record the payroll tazes for this period. Company Tachgans has made all the unemployment tx payments it is required to make for this year. Tachpans A B C D G H I Salary Federal withholding State withholding Social Security rate Medicare rate Retirement contribution Charitable contribution Year-to-date carnings 4,600 Date Account Name General Journal

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