single, paid weekly, and claims two allowances on her W$-2.$ The company is in a state that has no

state income taxes. The FICA Social Security tax rate is $6\mathrm{.}2\%$ on the first $$118,500$ of wages and

the FICA Medicare tax rate is $1\mathrm{.}45\%$ on all wages. Zion, Inc.$\text{'}$s FUTA tax rate is $0\mathrm{.}6\%$ on the first

$$7,000$ of wages and their SUTA tax rate is $2\mathrm{.}3\%$ on the first $$8,000$ of wages.

The employee's earnings thus far are as follows:

Gross pay Jan $-$ May Gross pay for June

$$6,300,$$$1,140$

a$)$ Use the information above and the IRS tax table $($click to popen$)$ to calculate all of the taxes

that should be withheld from the employees paycheck and her net pay for June. Round values to

$2$ decimal places if needed.

Gross Pay

Federal Withholding

FICA$-$SS

FICA$-$Medicare

Net Pay

b$)$ Prepare the journal entry Zion, Inc. will record to accrue the June wages for this employee.

to accrue salaries and withholding for June payroll

c$)$ Use the information provided to calculate the payroll taxes that Zion must pay on the employee's

behalf for the month of June

FICA$-$SS

FICA$-$Medicare

FUTA

SUTA

Total ER taxes

d$)$ Prepare the journal entry Zion, Inc. will use to record their portion of the payroll taxes for June.