Our friend Aff Baked has closed his lending library and is moving into the world of book and entertainment sales like his mom, Twyce. Aff is opening the ReLoaded Store as a proprietorship. Aff uses perpetual inventory to record purchases and sales.

Jan 14: Aff prepared payroll for Dean. Dean worked 80 hours in the past two weeks. Use Maine’s tax tables for state taxes, Pub 15T for Federal taxes, and the current standard for FICA taxes. Maine Unemployment rate is 5.4%, Federal Unemployment rate is 0.6%. After completing the payroll register and employee earnings record, record the payroll transaction to the analysis form.

Jan 15: Aff issued the payroll check to Dean

Record the transactions