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Stark Company has five employees. Employees paid by the hour earn $16 per hour for the regular 40 -hour workweek and $24 per hour beyond

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Stark Company has five employees. Employees paid by the hour earn $16 per hour for the regular 40 -hour workweek and $24 per hour beyond the 40 hours per weok. Hourly employees are paid every two weeks, but salaried employees are paid monthly on the last biweekly payday of each month. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. The company has a benefits plan that includes medical insurance, life insurance, and retirement funding for employees. Under this plan, employees must contribute 5% of their gross income as a payroll withholding, which the company matches with double the amount. Following is the partially completed payroll register for the blweekly period ending August 31, which is the last payday of August. a. Complete this payroll register by filling in all cells for the pary period ended August 31. Prepare the August 31 journal entry to: b. Record the accrued blweekly payroll and related liablities for deductions. c. Record the employer's cash payment of the net payroll of part b. d. Record the employer's payroll taxes i e. Including the contribution to the benefits plan. f. Pay all liabilities (except for the net payroll in part c) for this biweekly period. Complete this question by entering your answers in the tabs below. Complete this payroll register by filting in all cells for the pay period ended August 31. Note: Round your answers to 2 decimal places. Do not round your intermediate calculations. Complete this payroll register by filling in all cells for the pay period ended August 31 . Note: Round your answers to 2 decimal places. Do not round your intermediate calculations. Record the August 31 journal entry for the accrued biweekly payroll and related liabilities for deductions. Note: Enter debits before credits. Record the August 31 journal entry for the employer's cash payment of the net payroll of part b. Note: Enter debits before credits. Record the employer's payroll tax expense related to the August 31 payroll. Note: Enter debits before credits. Journal entry worksheet (1) 2 Record the employee's benefit expense related to the August 31 payroll. Note: Enter debits before credits. Record the August 31 journal entry to pay all liabilities (except net payroll in part c) for this biweekly period. Note: Enter debits before credits

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