Stark Company has five employees. Employees pald 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 pald every two weeks, but salaned employees are pald monthly on the last bweekly payday of each month. FICA Social Security taxes are 6.2% of the first $137,700 pald to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 06% and SUTA taxes are 5.4% of the first $7,000 pald 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 contibute 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 perlod ending August 31, which is the last payday of August

Stark Company has five employees. Employees pald 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 pald every two weeks, but salarled employees are paid monthly on the last blweekly 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 pald to each employee. The company has a benefits plan that Indudes 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 pay period ended August 31. Prepare the August 31. journal entry to: b. Record the scored Beekly payroll and related liabilities for deductions. c. Record the employers 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 lanes except for the net payroll In part c) for this blweekly perlod. Complete this question by entering your answers in the tabs below. 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 round your ce cu acons.) Complete this question by entering your answers in the tabs below. Req A Req B 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 reund Glaulations.) Current-Penod Gross Pay FIT Withholding FUTA FICAS.S. Employee Employee Plan Withholding Cumulative Pay Employee (Excludes Current Period) FICA Medicare Employee FICA Medicare Employer Employee Net Pay (Current Period) Pay Type Pay Hours Gross Pay ST Withholding SUTA FICA S.S. Employer Employer Plan Expense $ 1,200.00 Komen S 136,700.00 Salary S 4,000.00 180.00 80.00 25.50 6,850.00 Salary 510.00 20.00 51.00 FREE 90.00 Nichole 30.00 120.00 Zoey Regular 80 15,200.00 Overtime 6 Regular 80 6,550.00 Overtime 4 Regular | 30 5,050.00 Overtime 30.00 30.00 10.00 S 1.520.00 5 170 250.00 270.00 Reg A Req B to E Prepare the August 31 joumal 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 View transaction llat Journal entry worksheet 2 3 4 5 Record the August 31 journal entry for the accrued biweekly payroll and related liabilities for deductions, Note: Enter debita berare create. Date General Journal Debit Credit August 31 Record entry Clearonbry Vlaw general Journal View transaction ist Journal entry worksheet