Q2.

Dunes Town incurred payroll tax expense on Welch also paid state unemployment tax and federal unem (Click the icon to view payroll tax rate informatic er of Dunes Town Salons. During 2024, Welch ar at a $14.700 monthly salary He also earned a f his annual salary Welch's federal income tax 64 per month, plus $1,058 on his bonus check me to $60 per month, plus $40 on the bonus. FICA al earnings. Welch authorized the following payroll atribution of 2% of total earnings and life insurance of Read the requirements - X * More Info elch's est dolla gross pd For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI: 6.2% on first $132,900 earned Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000 Employer OASDI: 6.2% on first $132,900 earned Medicare 145%, FUTA 06% on first $7,000 earned. SUTA 5.4% on first $7.000 earned groll deduce Print Done Tenter any number in the input fields and then continue to the next question LG anes Town Salons. During 2024, Welch 514.700 monthly salary. He also earned a nual salary. Welch's federal income tax month, plus $1,058 on his bonus check. 50 per month, plus $40 on the bonus. FICA Dunes Town incurred payroll tax expense on Welch fe also paid state unemployment tax and federal unempl (Click the icon to view payroll tax rate information Perdithatractivamente Requirements est dollar 1. Compute Welch's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute Dunes Town's total 2024 payroll tax expense for Welch 3. Make the journal entry to record Dunes Town's expense for Welch's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required 4. Make the journal entry to record the accrual of Dunes Town's payroll tax expense for Welch's total earnings 5. Make the joumal entry for the payment of the payroll withholdings and taxes sud Print Done any number in the input fields and then continue to the next question. LG o Louis Welch is general manager of Dunes Town Salons During 2024 Welch wees for the company Miyat at a 514 700 monthly salary He comes yewend bonus equal to 5% of his wal salary Wold's federal income tax with during 2024 was 1764 per mont plus 5058 ons bonus check State income tax withheld come to 560 per mont plus 40 on the bonus FICA fax was held on the starting Welchadored the following payroll deduction Charity Fund contribution of 25 total eating and face of 545 per month Dune Town noured payroll be expense on Welch for FICA. The company also paid state unemployment tax and federal employment tax Click the controlar toteleformation Read the Fortalement 1. Computt Welch's pas per pod istions and not pay for the Mall yta 2030. Hound af munits to the nearest dater Begin by computing World's grown pay for the year Round all mounts to earneddol GP Now Whisper in the year O De LG 2 Lok A o Delete H Enter Louis Welch is general manager of Dunes Town Salons. During 2024 Welch worked for the company of your ta $14.700 monthly salary He also ameda yoat and bonus equal to 5% of his annual salary Welch's federal income tax with during 2024 was $1768 per month plus 51.053 on his bonus check State Income tax withheld came to s60 per month, plus $40 on the bonus FICA tax was withold on the manual oaming Welch authorized the following payroll Geduction Charity Fund contribution of 2% of total camnings and to insurance of 545 per month Welding deduction Dunes Town incurred payroll tax expense on Welch for FICA tax. The company also paid state unemployment tax and federalnemployment tax Click the konto view payroll tax rate information Read the rest 20 the home Emo y el Com my internet de continue the next ER CD LG 5 9 0 R Wom bries - Dunes Town incurred payroll tax opene on Welch for FICA The company who paid state unemployment tax and federal unemployment Click the icon to view payroll tax rate information) Low Walch is general manager of Dunes Town Salons During 2024. Welch worked for the company all year at a 514 700 monthly salary. He also seda Year-end bonus equal 5% of salary Welchifederal income tax withheld during 2004 was 51.764 per month plus 51 058 on his bon check Stalcomm x witbold come to 30 per month, plus $40 on the bonus FICA wax was withheld on the annual earnings Welch authorized the following payred deduction Charity Fund contribution of total aming and finance of 145 pet met Read the recente Employer Payroll Times Tomoy Para Papune R. Matumally to record Dunes Tw's pose for Walling for the youth weddions and news med for the perfections and Cash for use 20 ghet Chony Orche O LG F10 than Sysin Torell 7 9 0 o O En Dm F Louis Welch is general manager of Dunes Town Salons During 2024, Welch Dunes Town incurred payroll tax expense on Welch for FICA The company worked for the company all you wa $14.700 monthly salary He also owneda also paid state unemployment tax and federal unemployment tax year-end bonus equal to 5% of his annual salary. Welch's federal income tax withheld during 2024 was 51.764 per month plus 51058 on liis bonus check cilok te kon to view payroll tax rate information) State income tax withhold cam to 50 per month plus $10 on the bous FICA tax was withold on the annual aming Welch authorized the following payroll Read the resultants Geduction Chart Fund contibution of 25 of statsmings and ife insurance of 545 per month Requirement 3. Make the jumal entry to record Dunes Town's expense for Watch's total canings for the year his payroll deductions and not pay Debit Salaries pema and Bones Expertise as appepriate Credibility accounts for the payroll deduction and Cash for net pay. An explanation is not required and debih the credit chede explanations from oumal on Dobit Credit Date 20 pled tudiana Chorowy WC e Preto e leput trois another comments o BI LG 910 13 ren S 5 Bad 0 0 P Lax Wild on the Wings Welch whored the folowing payroll deductions Charity Fund collution of 2% of total earnings and life insurance of 545 per month Regolament A. Make the journal army to record the accrual of Eines Tom's payroll tax expense for Watch's total earnings (Record labels first the credits Exclude explanations from all Accounts Debit Credit Requirement 5. Mathemaltry for more of the payroll wholding and consistest the credits de pluie Det Account Credit ed and Choone to your interesantren context O LG FI PES 0 Home o Delete End G H K L Enter N M Shift w Walch is general manager of Dunes Toan Salons. During 2024 Welch orked for the company all ye ata $14.700 monthly salary He also earned a end bonus equal to 5% of his annual salary, Welch's federal income tax held during 2024 was 51.764 per month, plus 51.058 on his bonus check State income tax withheld come to S60 per month, plus $40 on the bonus FICA tax was witheld on the annual enigs Welch authorized the following payroll deductions Charity Fund contulbution of 2% of total earnings and ile insurance of 545 per month Dunes Town incurred payroll tax expense on Walch for FICA tax. The compar also paid stato unemployment tax and federal unemployment tax Click the konto view payroll tax rate information) Read the reguirements Requirement 5. Make the journal entry for the payment of the payroll withholdings and taxes (Record dehis first, then credit Exclude neplanations from oumal Date Accounts Debit Credit Chor number the land then comment O LG 710 711 112 Sell re 5 6 7 Bach 9 rent R 16 Please answer the question in full if you know how to do it! Please allign the answers how the questions are so it's not confusing for me to figure out where it goes! Will give a thumbs up if the answer is correct! If you have trouble reading any of the images please let me know so I can post another picture