Withholdings

After evaluating the information provided by the La Nueva Era bookstore employees:

1. Determine the amounts that must be reported in the employees' W2.

2. Calculate the Social Security and Medicare payment that the employer must make.

3. Calculate the state unemployment that the employer must pay at the rate of 6% of the first $ 10,000 the employee earns.

4. the entries to the wage related to the debts contracted with the different agencies in contributions by the employer.

Name of the employee	Biweekly salary	Withdrawal payment
Juan del Pueblo	$1,250.00	$21.93
Ramonita Ramrez	950.00	37.12
Brenda Montalvo	1,100.00	88.00
Camilo Monge	590.00	23.02
Jorge Emmanueli	860.00	92.00
Mariel Estrada	1,020.00	48.00
Emanuel Reyes	750.00	25.60
Ernesto Ramrez	640.00	26.40
Daniela Morales	1,000.00	32.68
ngel Carrasquillo	860.00	68.80

Part 2

Supermercado Caridad offers its employees vacation benefits and contributes a 2% contribution to a 401K. Employees had total wages of $ 125,000 and vacation benefits of $ 28,460.

1. Calculate how much the employer contributes for the 401k.

2. Make the wage entries related to vacation pay.

3. Make the wage entries related to the 401K contribution.

Part 3

Performs an analysis of the rules and laws that regulate mandatory discounts and payments that payroll employers must make.

Part 1:

Correctly determine the amounts to be reported on the employees' W2, demonstrating a thorough understanding of the required procedure.

Correctly calculates the Social Security and Medicare payment that the employer must make, demonstrating a thorough understanding of the required procedure.

Correctly calculates the state unemployment that the employer must pay at the rate of 6% of the first $ 10,000 that the employee earns, demonstrating a thorough understanding of the required procedure.

Correctly performs the entries to the wage related to the debts contracted with the different agencies in contributions by the employer, demonstrating a thorough understanding of the required procedure.

Part 2.

Correctly calculate how much the employer contributes for the 401k, demonstrating a thorough understanding of the required procedure.

Correctly performs wage entries related to vacation pay, demonstrating a thorough understanding of the required procedure.

Correctly perform the wage entries related to the 401K contribution, demonstrating a thorough understanding of the required procedure.

Part 3: Correctly performs an analysis of the rules and laws that regulate mandatory discounts and payments that payroll employers must make. He performs it in his own words in at least two five-sentence paragraphs, demonstrating a thorough understanding of the required procedure.