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Problem4 The following information was taken from the payroll records of Katie's Kitty Palace for the pay period ended January 31, 2012 Gross Wages -Delivery

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Problem4 The following information was taken from the payroll records of Katie's Kitty Palace for the pay period ended January 31, 2012 Gross Wages -Delivery Personnel Gross Wages-Sales Personnel Gross Wages-Administrative Personnel Federal Income taxes withheld State Income taxes withheld Social Security taxes withheld Medicare taxes withheld Retirement contributions withheld 12,541.00 6,758.00 8,541.00 -7340 6,960.00 835.20 1,726.08 403.68 + 2,784.00 98.1 27010-12(mac isi loll) Instructions: 1 Prepare a schedule calculating net pay for the pay period ended January 31, 2012 2 Prepare a journal entry to record the payroll for the period dated January 31, 2012. 3 Prepare a journal entry to record the employer taxes for the pay period ended January 31, 2012. All wages are subject to unemployment taxes at the rate of .8% for Federal and 3.5% for State

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