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Please follow the instructions in the pic above otherwise I won't get any points. Thank you. YanYu Zheng is employed by JackJoe, Inc.. During the

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Please follow the instructions in the pic above otherwise I won't get any points. Thank you.

YanYu Zheng is employed by JackJoe, Inc.. During the month of January, YanYu earned her monthly salary of $100,000 ($1,200,000 for the year). YanYu is single, and had $22,000 of federal income tax withheld from her pay for the month. YanYu works in a state without an income tax. YanYu's pay is subject to Social Security taxes at a 6.2% rate and Medicare at a 1.45% rate. The annual base for social security taxes is $140,000. JackJoe's payroll is subject to federal and state unemployment taxes at a rate of 6% on each employee's gross pay, up to $7,000 per year. Complete YanYu's paycheck and the remittance advice (i.e., "paycheck stub"). (5 points) Prepare journal entries for YanYu's pay and the related payroll expenses. (2 (b) journal entries) (5 points) What is JackJoe's (employer cost) total expense of payroll taxes (c) FUTA/SUTA and FICA for employing YanYu for the year? (5 points) (a) test 2: Question 6 Payroll Criteria Ratings Pts (a) Complete YanYu's paycheck and the remittance advice (i.e., "paycheck stub"). 5 pts b) Prepare journal entries for YanYu's pay and the related payroll expenses. (2 journal entries) 5 pts c) What is JackJoe's (employer cost) total expense of payroll taxes FUTA/SUTA and FICA for employing YanYu for the year? 5 pts Total Points: 15

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