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Employee Net Pay Stan Stately's weekly gross earnings for the week ended April 22 were $2,400, and his federal income tax withholding was $107.50. Assuming

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Employee Net Pay Stan Stately's weekly gross earnings for the week ended April 22 were $2,400, and his federal income tax withholding was $107.50. Assuming that the social security rate is 6% and Medicare is 1.5% of all earnings, what is stately's net pay? Round your answer to two decimal places. Fitzpatrick Co. sold 5391,000 of equipment during January under a one-year warranty The cost to repow defect under the warranty is estimated at 3 of the sales price on August 15, a customer required a 5110 part replacement phun $55 of labor under the warranty Required: Provide the journal entry for (a) the estimated warranty expvise on January 31 for January sales on page 10 of the journal and (b) the August 15 warranty work on page 14 of the Journal Refer to the chart of accounts for the exact wording of the account the CNOW journal do not use Aines for journal explanations Every ine on a journal page is used for detal or credit entries CNOW journals will automatically ident a credit entry when a credit amount is entered Nakajima Company provides its employees with vacation benefits and a defined contribution pension plan Employees camed vacation pay or 525 500 for the period. The pension plan requires a contribution to the plan administrator equal to 6% of employee salaries. Salaries were $340,000 during the period, and the amount due was contributed to the pension plan administrator Required: On December 31, provide the journal entry for tho (a) vacation pay on page 11 of the journal and (b) pension benefit on page 12 of the journal Refer to the chart of accounts for the exact wording of the account titles CNOW journals do not use lines for journal explanations Every line on a journal page is used for debitor credit entries CNOW journals will automatically indent a credit entry when a credit amount is entered JOURNAL Score: 22/53 ACCOUNTING POSTED DET CREONT DESCRIPTION Adjusting Entries Vacation Pay Expense Vacation Pay Payable Dec 31 21.500.00 21.500.00

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