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Please answer in the gerneral journal format thank you! hour for the is $9 per Ron's pay supermarket. 10A-2. Ron works for the local first

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Please answer in the gerneral journal format thank you!
hour for the is $9 per Ron's pay supermarket. 10A-2. Ron works for the local first forty hours each week. He receives time-and-a-half for any hours he works over forty. Ron's income tax withholding is 15% of gross pay for the federal government and 5% for the state. He also pays the FICA tax of 7.65% of his gross pay. Ron's employer pays mandatory union dues of $30, his share of the company-supplemented health insurance premium of $55, and a voluntary donation to a local charity of $35 directly from Ron's pay. Ron was looking forward to his paycheck this week since he had worked a total of 48 hours. He was excited about having some cash left over after making his car and rent payments. Required 1. Calculate Ron's gross and net pays. How excited should Ron be? 2. Show the entry necessary for Ron's employer to record wage expense. 3. Show Ron's firm's entries necessary to record its payroll tax expenses (assume normal employer FICA and federal and state unemployment taxes). 4. Ron's firm pays $78 toward his health insurance premium as a fringe benefit. They also contribute $37 per week to a pension plan. Show Ron's firm's entries necessary to record its employee fringe benefit expense. 5. How much total money does Ron's company pay him for his work? Compare this to the amount Ron gets at the end of the week as calculated in requirement 1 Template for Problem 10A-2 Name: TA Name: Lab Section Time: GENERAL JOURNAL CREDIT DATE DESCRIPTION DEBIT

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