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

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The following is a payroll sheet for Metlock Imports for the month of September 2020. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment 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% FICA tax on employee and employer on a 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 (a) Complete the payroll sheet. (Round answers to 2 decimal places, eg. 15.26) Earnings to Aug. 31 September Earnings Income Tax Withholding Name $6.900 $800 $ B. D. Williams 700 D. Raye 6.400 7.700 1.200 K. Baker 2.000 F. Lopez 13,600 117,800 12.000 A Daniels 122.500 15,400 B. Kingston $ Total Unemployment Tax Income Tax Withholding Federal FICA State $ $ $ $ $ $ $ Make the necessary entry to record the payment of the payroll. (If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit

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