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Son During 2024. Whitney worked for the company all year at a $14.200 monthly salary. He also comed a year-end bonus culto 10% of his

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Son During 2024. Whitney worked for the company all year at a $14.200 monthly salary. He also comed a year-end bonus culto 10% of his annual salary Whitney's federal income tax withheld during 2024 was $1,704 per month plus 51,701 on his bonus check. State income tax withheld came to $100 per month, plus $30 on the bonus FICA taxis withold on the annual earnings. Whitney authorized the following payroll dedictions Charity Fund contribution of 1% of total carrings and Ide insurance of $10 per month Dunes Tower incurred payroll tax expense on Whitney for FICAtac The company spade unemployment tax and federal unemployment tax Cick the icon to view payroll as information Read the rements Requirements. Make the journal entry for the payment of the payroll withholdings and two Record cubits forse, the credits Escude photos from monte) Date Credit Accounts Employee For Income Taves Payable Employees income Tax Payable FICA Medicare Payabile FICAT Payable Charity Fund Payable Life Insurance Payable Debit 22,152 1050 2710 320 1.875 120 Choose from any antarany number in meint fields and then click Chuck Answer Town incurred payroll tax expe More Info 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: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Print Done elds and then click Check Answer. Larry Whitney is general manager of Dunes Town Salons. During 2024, Whitney worked for the company all year at a $14,200 monthly salary. He also earned a year-end bonus equal to 10% of his annual salary Whitney's federal income tax withheld during 2024 was $1,704 per month, plus $1,704 on his bonus check. State income tax withheld came to $160 per month, plus $30 on the bonus. FICA tax was withheld on the annual earnings. Whitney authorized the following payroll deductions: Charity Fund contribution of 1% of total earnings and life insurance of $10 per month Dunes Town incu unemployment ta (Click the ico Read the requirer 22,134 Chuyuu ruumi ldus rayaulu Employee State Income Taxes Payable FICA-Medicare Taxes Payable FICA-OASDI Taxes Payable Charity Fund Payable Life Insurance Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Cash 1,950 2,718 8,240 1,875 120 42 378

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