Your gross pay for the week is $1000. There is a federal income tax deduction of 15%. There is a state income tax deduction of 10%. There is a social security tax deduction of 6.2%. There is a medicare tax deduction of 1.45%. In addition, $10 was deducted for union dues

Required:

a) Compute your net pay for the week.

b) Assume you are the only employee. Make the required journal entry to reflect the above data.