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The following is a payroll sheet for Crane Imports for the month of September 2020. The company is allowed 1% unemployment compensation rate by the

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The following is a payroll sheet for Crane Imports for the month of September 2020. The company is allowed 1% unemployment compensation rate by the state the federal reglament tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% PICA tax on employee and employer un maximum of 128,400 In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $128.400 per employee v (a) Your answer is correct. Complete the payroll sheet. (Hound answers to 2 decimal places, eg. 15.26) Earnings to Aug. 31 $6,800 Name September Farnings Income Tax withholding Unemployment Tax Federal FICA State 3. D. Williams $700 90 Suss D. Raye 6,500 600 50 Baker 7,500 1.100 110 Lopez 12.900 2.000 355.00 Daniels 116,100 13,000 13.00 962.30 Kingston 121,400 16,400 1540 500 34600 H50 1921.10 Stal 271200 Make the entry to record the payment of the payroll liabilities created. Assume that the company pays all payroll liabilities at the end of each month. (Roun e g. 15.25. If no entry is required, select "No Entry for the account titles and enter o for the amounts. Credit account titles are otomatically entered. Do not indent manually) Account Titles and Explanation Debit Credit withholding taxes Payable 3460.00 ady FICA Taxes Payable FUTA Taxes Payable 5.60 SUTA Taxes Payable [Cash

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