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the health insurance premium. As of September 30, Paige had $110,700 of cumulative earnings. i Red * More Info x Red Will For all payroll
the health insurance premium. As of September 30, Paige had $110,700 of cumulative earnings. i Red * More Info x Red Will For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned ? Cho que Print Done aige Wilson works for ABC all year and earns a monthly salary of $12,300. There is no overtime pay. Paige's income tax withholding rate is 20% of gross pay. In addition to payroll taxes, Paige elects to contribute 4% monthly to Inited Way. ABC also deducts $225 monthly for co-payment of the health insurance premium. As of September 30, Paige had $110,700 of cumulative earnings. i (Click the icon to view payroll tax rate information.) ead the requirements equirement 1. Compute Paige's net pay for October. (Round all amounts to the nearest cent.) Vithholding deductions Het (take-home) pay equirement 2. Journalize the accrual of salaries expense and the payment related to the employment of Paige Wilson. (Record debits first, then credits. Select explanations on the last line of the journal entry table.) hoose from any list or enter any number in the input fields and then continue to the next
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