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Need required 1, 2, 3, 4 please Following are some transactions and events of Business Solutions. February 26 The company paid cash to Lyn Addie

Need required 1, 2, 3, 4 please
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Following are some transactions and events of Business Solutions. February 26 The company paid cash to Lyn Addie for eight days ' work at $120 per day. March 25 The company sold merchandise with a $2,400 cost for $3,200 on credit to wildcat Services, invoice dated March 25 . Required: 1. Assume that Lyn Addie is an unmarried employee. Her $960 of wages have deductions for FiCA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $96, Compute her net pay for the eight days' work pald on February 26. 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company): 4. Record the entries for the merchandise sold on March 25 if a 4% sales tox rate applies

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