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Problem - G1 Tanya Sadler is the owner of a gift shop, Gifts Unlimited. Her manager, Barbara McKeen, earns an annual salary of $51,900. The

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Problem - G1 Tanya Sadler is the owner of a gift shop, Gifts Unlimited. Her manager, Barbara McKeen, earns an annual salary of $51,900. The company also employs a full-time assistant, Billy Brown, who is paid $18 per hour. Both employees are paid biweekly (assume 26 pay periods per year). In the pay period ended May 31, 2024, Billy has worked 95 hours and is paid time and one-half for hours worked over 80. Barbara McKeen's income tax withheld was $320.90 while Billy Brown's was $231.70. Instructions a. Determine gross and net pay for each employee. b. Prepare the journal entry for salaries on May 31, 2024, assuming that the salaries were paid on this date. c. Prepare the journal entry to record Gifts Unlimited's related payroll costs on May 31, 2024, assuming they were not paid on this date. GP=HRN0f

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