Question: please answer question #3 ABC Enterprises began business on October 1, 2019. Below is the monthly payroll for ABC Enterprises, Inc. All employees are on

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please answer question #3
ABC Enterprises began business on October 1, 2019. Below is the monthly payroll for ABC Enterprises, Inc. All employees are on salary and receive the same amount each month. Last Name First Gross Fed Inc Medical Medical Insurance 401K Earnings $12,000.00 $ 2,280.00 $600.00 $300.00 $ 4,000.00S 6,000.00 $ $ 5,000.00 $ Pd by Employer Name Spring Sally Summer Stanley Fall Tax WH WH Ins WH 600.00 600.00 $120.00 $600.00 1,140.00 $120.00 $225.00 $ 950.00 $200.00 $275.00 $ 600.00 Farrah 700.00 600.00 Winter Walter 1. Determine the monthly accrual payroll entries for the last three months of the year 2. Determine the entry to pay the payroll for each of the three individual months. 3. Make the employee benefits expense entry to pay the medical insurance company and the 401K fund the amounts withheld and a 3% employer matching of the employee's salaries for the 401K for each 4. Determine the employer payroll tax entry assuming that state unemployment is 5.4 % and the federal unemployment rate is 0.7 %, both on the first $7,000 of earnings only for each month 5. Make the entry to pay the payroll taxes- Social Security, Medicare, and Unemployment for each month. month 6. Prepare the end-of-year payroll information forms: a. W3 b. W2s Form 941 C d. Form 940

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