All employees are paid on a weekly basis and according to their W-4 are all married...

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All employees are paid on a weekly basis and according to their W-4 are all married and do not request any additional withholding (Use the tables that start on page 13 of the Pub 15-T that is posted under the Chapter 12 Module). Each employee has requested that 5% of their pay is withheld for the retirement plan. The employees with an hourly rate are the Sales reps and those earning a salary are the Office staff. The merit rating for SUTA is 4.8%. Prepare the necessary journal entries. 1 B8 A Name 2 Abbott 3 Adams 4 Cross 5 Johnson 6 Jones 7 May 8 Peters 17 9 Smith 10 Tell 11 Tot 12 13 14 B YTD 5,000.00 72,000.00 77,800.00 78,400.00 101,680.00 159,500.00 80,000.00 125,120.00 104,160.00 C Hours JOURNAL Date Description PR ✓ fx D 45 36 Rate 46 $32.00 35 $35.00 $40.00 41 $40.00 43 $40.00 Sheet1 $38.00 42 $41.00 DR 80000 E Salary Page + 1,800 1,500 CR F Reg Earnings G OT Earnings H Total Earnings I Sales Sal Exp Office Sal Exp K FIT L FICA-OASDI M FICA-Med N Retirement n Total Deductions I P Net Pay Q FICA-OASDI R FICA-Med S FUTA T SUTA U V X Y Z All employees are paid on a weekly basis and according to their W-4 are all married and do not request any additional withholding (Use the tables that start on page 13 of the Pub 15-T that is posted under the Chapter 12 Module). Each employee has requested that 5% of their pay is withheld for the retirement plan. The employees with an hourly rate are the Sales reps and those earning a salary are the Office staff. The merit rating for SUTA is 4.8%. Prepare the necessary journal entries. 1 B8 A Name 2 Abbott 3 Adams 4 Cross 5 Johnson 6 Jones 7 May 8 Peters 17 9 Smith 10 Tell 11 Tot 12 13 14 B YTD 5,000.00 72,000.00 77,800.00 78,400.00 101,680.00 159,500.00 80,000.00 125,120.00 104,160.00 C Hours JOURNAL Date Description PR ✓ fx D 45 36 Rate 46 $32.00 35 $35.00 $40.00 41 $40.00 43 $40.00 Sheet1 $38.00 42 $41.00 DR 80000 E Salary Page + 1,800 1,500 CR F Reg Earnings G OT Earnings H Total Earnings I Sales Sal Exp Office Sal Exp K FIT L FICA-OASDI M FICA-Med N Retirement n Total Deductions I P Net Pay Q FICA-OASDI R FICA-Med S FUTA T SUTA U V X Y Z