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Please help me with this payroll assignment? 9:44 Done ACCT202_U2_IP_Payroll_Accounting_t... Data Worksheet Journal Entries ACCT202 Unit 2 Individual Project Worksheet Current Period Gross Pay Federal

Please help me with this payroll assignment?

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9:44 Done ACCT202_U2_IP_Payroll_Accounting_t... Data Worksheet Journal Entries ACCT202 Unit 2 Individual Project Worksheet Current Period Gross Pay Federal Withholding (Given in Problem) FUTA FICA S.S. FICA Medicare ear- To- Date Pa Employee Employee (Excludes Employee Net Pay (Curren Current Period) Period) Employee Pay Type Gross Pay State Withholding FICA Medicare (Given in Problem) SUTA FICA S.S, Employer Employer Julia Roberts 145,000.00 Salary ? ? ? Regular 40 ? Michael Jackson 0.00 Overtime Regular 30 450.00 27.90 6.53 Paul Walker Overtime 27.90 6.53 $50.00 Regular Burt Reynold Overtime 7 Totals9:44 Done ACCT202_U2_IP_Payroll_Accounting_t... Data Worksheet Journal Entries ACCT202 Individual Project Unit 2 Payroll Accounting ABC Company has four employees. One of the employees is a salaried employee while the other employees are hourly. Employees are paid $15 per hour and receive time and a half for overtin working 40 hours; FICA Social security is 6.2% for the employee and 6.2% for the employer; FICA Medicare is 1.45% for the employee and 1.45% for the employer; FUTA tax rate is .6% (.00 the first $7,000, SUTA tax rate is 2% (.02) on the first $7,000. Employees are paid weekly. HINT: Remember the maximum FICA Social security limits for both the employer and employee is $142,800.; also yearly salary amounts should be divided by d be divided by 52 weeks to get the weekly salary. FUTA and SUTA are employer only. Julia Roberts- Salary $160,000/per year; Year to Date Pay: $145,000; Federal Withholding: $743; State Withholding: $525 Michael Jackson- 45 hours for the period; Year to Date Pay: $28,200; Federal Withholding: $91; State Withholding: $25 Paul Walker- 30 hours for the period; Year to Date Pay: $19,800; Federal Withholding: $38; State Withholding: $12 Burt Reynolds- 15 hours for the period; Year to Date Pay: $4,600; Federal Withholding: $11; State Withholding: $7 Based on the information above, please complete the Worksheet (tab 2) and journalize the employee payroll expense (tab 3) for this period using the template given in this problem

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