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tark Company has five employees. Employees paid by the hour earn $12 per hour for the regular 40 -hour workweek and $18 per hour eyond

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tark Company has five employees. Employees paid by the hour earn $12 per hour for the regular 40 -hour workweek and $18 per hour eyond the 40 hours per week. Hourly employees are paid every two weeks, but salaried employees are paid monthly on the last theekly payday of each month. FICA Social Security toxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare axes are 1.45% of gross pay. FUTA taxes ore 0.6% and SUTA toxes are 5.4% of the first $7,000 paid to each employee. The company as a benefits plan that includes medical insurance, life insurance, and retirement funding for employees. Under this plan, employees hust contribute 5% of their gross income as a payroll withholding, which the company matches with double the amount. Following is he partialy 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 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 i e. Including the contribution to the benefits plan. f. Pay all hobilities (except for the net payroll in port c) for this biweekly period. Complete this question by entering your answers in the tabs below. Complete this payroll register by filling in all celis for the pay period ended August 31. Note: Round your answers to 2 decimal places. Do not round your intermediate calculations. biwechly paydsy of each month. FICA Social Security taxes are 62% of the first $137700 poid to each employee, and FiCA Medicare taven are 145% of gross poy FUTA taxes are 0.6% and SUTA toxes are 5.4% of the frst $7.000 paid to ench employee. The company has a benefiss plan that includes medicai insurance, life insurance, and retirement funding for employees. Under thits plan, employees must contribute 5% of their gross income as a payroll withholding. which the company matches with double the amount. Followng if the partiolly completed payroll register for the blweelly period ending August 3t, which is the last payday of August. a. Complete this poytoll reglster by fling in all cells for the pay period ended August 31 Prepare the August 31 joumal entry to. b. Record the accrued biveeloy payroll and related lisbilaies for deductions c. Record the employer's cash payment of the net payroll of part b d. Record the employer's payroll towes i e. Including the contribution to the benefits plan. f. Pay all liabilities (except for the net payroll in part c) for the buweckly period. Complete this question by entering vour answers in the tabs below. Prepare the August 31 journal entry to: Noter Reund your ansners to 2 decimal places, Do not round vour intermediate calculacions. b. Record the accued biveeldy payroll ane related liatilites for deductions. c Record the englorer's cash payment of the net parmoll of part b. d. Fucord the enplovers payrol tawes induding the contribution to the benelits colan. e. Por all liabisties (except for the net payrod in pent c) for this tiweekly period. Journal entry worksheet 234 Record the Nogut al foumal entry for the acrued tweebly parcel and related liatilties for dedvictions

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