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Stark Company has five employees. Employees paid by the hour earn $10 per hour for the regular 40-hour workweek and $15 per hour beyond the

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Stark Company has five employees. Employees paid by the hour earn $10 per hour for the regular 40-hour workweek and $15 per hour beyond the 40 hours per week. 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 $137700 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 biweekly period ending August 31, which is the last payday of August. a. Complete this payroll register by filling in all cells for the pay period ended August 31. Prepare the August 31 journal entry to b. Record the accrued blweekly payroll and related liabilities for deductions. c. Record the employer's cash payment of the net payroll of part b. d. Record the employer's payroll taxes including the contribution to the benefits plan. e. Pay all liabilities (except for the net payroll in part ch for this biweekly period. Check my w Complete this question by entering your answers in the tabs below. Pay Red A Reg to E Complete this payroll register by filling in all cells for the pay period ended August 31. (Round your answers to 2 decimal places. Do not found your intermediate calculations.) FIT Current-Perted Grous Pay FICAS.S. FICA Employee Plan Curative Pay Withholding Medicare FUTA Employee Employee Employee Withholding Employee recludes Not Pay Current Period sm Pay FICA TICASS Current Gross Pex SUTA Employer Plan Hou Withholding Medicare Type Period) Employer Expense Employer $ 2,700.00 Kathleen $ 133.700.00 Salary $ 9.000.00 400.00 150.00 49.50 Anthony 6.350.00 Salary 900.00 40.00 99.00 Regular 80 90.00 Nichole 16,000 00 Overtime 30.00 Regular 140.00 Zoey 6,650.00 Overtime 12 40.00 Regular 34 30.00 Grace 5,450.00 Overtime 10.00 $ 3,110.00 Totals $ 168, 150.00 520.00 * 8 18 Reg BloE > Prepare the August 31 journal entry to: (Round your answers to 2 decimal places. Do not round your intermediate calculations.) b. Record the accrued biweekly payroll and related liabilities for deductions. c. Record the employer's cash payment of the net payroll of part b. d. Record the employer's payroll taxes including the contribution to the benefits plan. e. Pay all liabilities (except for the net payroll in part c) for this biweekly period. Show less View transaction list Journal entry worksheet 2 3 5 1 4 Record the August 31 journal entry for the accrued biweekly payroll and related liabilities for deductions. Note: Enter debits before credits. General Journal Debit Credit Date August 31

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