Question: USE THE SAME NUMBERS THAT ARE IN THE PROBLEM PLEASE!!!!!!!!!! The following is a payroll sheet for Shamrock Imports for the month of September 2020




USE THE SAME NUMBERS THAT ARE IN THE PROBLEM PLEASE!!!!!!!!!!
The following is a payroll sheet for Shamrock Imports for the month of September 2020 . The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10\% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $128,400. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $128,400 per employee. Make the necessary entry to record the payment of the payroll. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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