From the Following Information from the Payroll Register of Veronica's $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Cumulative}\quad \text { Pay Current } \quad \underline{\text { Taxable Earnings }}$

question 30

Essay

From the following information from the payroll register of Veronica's Auto Supply Store,calculate the amount of taxable earnings for unemployment and FICA tax,and prepare the journal entry to record the employer's payroll taxes as of April 30,20--.Social Security tax is 6.2% on the first $94,200 of earnings for each employee.Medicare tax is 1.45% of gross earnings.FUTA tax is 0.8%,and SUTA tax is 5.4% each on the first $7,000 of earnings.
$\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text { Cumulative}\quad \text { Pay Current } \quad \underline{\text { Taxable Earnings }}$
$\begin{array}{lrr} & \text { Before Current } & \text { Gross } & \text { Unemployment } & \text { Social } \\\underline{\text { Employee Name }}&\underline{\text { Earnings }} & \underline{\text { Pay }} &\underline{ \text { Compensation }} & \underline{\text { Security} }\\ \text { Carnavale, Liz } & \$ 6,400 & \$ 1,800 \\\text { O'Malley, Sean } & 6,850 & 1,800 \\\text { Sarlo, Jarred } & 109,300 & 3,700 \\\text { Mandel, Melissa } & 74,200 & 3,200 \\\text { Davenport, Vin } & 27,500 & 1,800\end{array}$

Understand the distinct purposes and formats of synopses and executive summaries in reports.

Understand the structure and key components of a formal proposal.

Identify differences between solicited and unsolicited proposals.

Recognize the importance of effectively presenting qualifications and experience in proposals.

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Definitions:

Type II

Often refers to Type II diabetes, characterized by insulin resistance in the body.

Poverty of Speech

A reduction in speech output that is often observed in various psychological conditions, characterized by brief and unelaborate responses.

Premorbid Functioning

An individual's level of psychological and physical performance prior to the onset of a disorder or disease.

Hallucinations

Experiences of awareness and alertness without external inputs, yet possessing attributes of genuine perception.