Question: Please help asap :) Data table More info Assume the following: 1. FICA OASDI: 6.2% on $127,200; FICA Medicare is 1.45% on all earnings. 2.
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Data table More info Assume the following: 1. FICA OASDI: 6.2% on $127,200; FICA Medicare is 1.45% on all earnings. 2. Federal income tax is calculated using the federal income tax withholding table included. 3. State income tax is 6% of gross pay. 4. Union dues are $10 biweekly. 5. The SUTA rate is 5.4% and the FUTA rate is 0.6% on earnings up to $7,000. (Note that the $7,000 wage base applies to both SUTA and FUTA.) SINGLE Persons-BIWEEKLY Payroll Period \begin{tabular}{|l|l|l|} \hline 1,600 & 1,620 & 216 \\ 1,620 & 1,640 & 221 \\ 1,640 & 1,660 & 226 \\ 1,660 & 1,680 & 231 \\ 1,680 & 1,700 & 236 \\ 1,700 & 1,720 & 241 \\ 1,720 & 1,740 & 246 \\ 1,740 & 1,760 & 251 \\ 1,760 & 1,780 & 256 \\ 1,780 & 1,800 & 261 \\ 1,800 & 1,820 & 266 \\ 1,820 & 1,840 & 271 \\ 1,840 & 1,860 & 276 \\ 1,860 & 1,880 & 281 \\ 1,880 & 1,900 & 286 \\ 1,900 & 1,920 & 291 \\ 1,920 & 1,940 & 296 \\ 1,940 & 1,960 & 301 \\ 1,960 & 1,980 & 306 \\ 1,980 & 2,000 & 311 \\ 2,000 & 2,020 & 316 \\ 2,020 & 2,040 & 321 \\ 2,040 & 2,060 & 326 \\ 2,060 & 2,080 & 331 \\ 2,080 & 2,100 & 336 \\ \hline \end{tabular} Task 1. On December 5, 201X, prepare a payroll register for this biweekly payroll. (If a box is not used in the table leave the box empty; do not enter a zero. Abbreviations used: Allow. = Allowances, YTD = Year to date, FIT = Federal Income Tax, SIT = State Income Tax, Exp. = Expense. Round final answers to the nearest cent as needed.) Task 3. Journalize the Payroll Register and the employer's tax liability. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the Payroll Register. Now journalize the employer's tax liability. Data table More info Assume the following: 1. FICA OASDI: 6.2% on $127,200; FICA Medicare is 1.45% on all earnings. 2. Federal income tax is calculated using the federal income tax withholding table included. 3. State income tax is 6% of gross pay. 4. Union dues are $10 biweekly. 5. The SUTA rate is 5.4% and the FUTA rate is 0.6% on earnings up to $7,000. (Note that the $7,000 wage base applies to both SUTA and FUTA.) SINGLE Persons-BIWEEKLY Payroll Period \begin{tabular}{|l|l|l|} \hline 1,600 & 1,620 & 216 \\ 1,620 & 1,640 & 221 \\ 1,640 & 1,660 & 226 \\ 1,660 & 1,680 & 231 \\ 1,680 & 1,700 & 236 \\ 1,700 & 1,720 & 241 \\ 1,720 & 1,740 & 246 \\ 1,740 & 1,760 & 251 \\ 1,760 & 1,780 & 256 \\ 1,780 & 1,800 & 261 \\ 1,800 & 1,820 & 266 \\ 1,820 & 1,840 & 271 \\ 1,840 & 1,860 & 276 \\ 1,860 & 1,880 & 281 \\ 1,880 & 1,900 & 286 \\ 1,900 & 1,920 & 291 \\ 1,920 & 1,940 & 296 \\ 1,940 & 1,960 & 301 \\ 1,960 & 1,980 & 306 \\ 1,980 & 2,000 & 311 \\ 2,000 & 2,020 & 316 \\ 2,020 & 2,040 & 321 \\ 2,040 & 2,060 & 326 \\ 2,060 & 2,080 & 331 \\ 2,080 & 2,100 & 336 \\ \hline \end{tabular} Task 1. On December 5, 201X, prepare a payroll register for this biweekly payroll. (If a box is not used in the table leave the box empty; do not enter a zero. Abbreviations used: Allow. = Allowances, YTD = Year to date, FIT = Federal Income Tax, SIT = State Income Tax, Exp. = Expense. Round final answers to the nearest cent as needed.) Task 3. Journalize the Payroll Register and the employer's tax liability. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing the Payroll Register. Now journalize the employer's tax liability
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