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please explain Problem 11-OSA (Video) For the year ended December 31, 2020, Crane Flextricale Company reports the following summary payroll data Administrative salaries Elect '

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Problem 11-OSA (Video) For the year ended December 31, 2020, Crane Flextricale Company reports the following summary payroll data Administrative salaries Elect ' wages $214,000 362,000 $576,000 $38.639 187,500 17,280 FOCAL Federal income taxes withheld State income taxes withheld (396) United Fund corbution payable Health une premiums TO 19,500 $291,719 Crane's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment Gross earnings subject to Social Security taxes of 6.25 total $15.00, and gross earnings subject to unemployment es total $150,000. No employee exceeds the $127.200 limit related to ICA taxes. (a) Prepare a summary oral entry at December for the full year's payroll (b) on the a g entry December 31 to record the employer's payroll taxes. (a) Prepare a summary journal entry at December 31 for the full year's payroll (b) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation bil C redit (c) The W2 Waged Tax Statement requires the following doll data Complete the required data for the following employees (Round answers to decimal places, 5275.) Employee W e Tips Other Compensation Federal Income Tax with State Income Tax with FICA Wages FICA A withheld Maria Sandoval $29,400 Jennifer Mingeback 11700 Click you would like to sew Work for this questi Open Show Work

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