In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31.If an amount is zero, enter "0". Enter all earnings and taxes to two decimal places.a.November 15OASDI TaxableHI TaxableName and TitleAnnual SalaryOASDI TaxHI ТахEarningsEarningsPerez, Paul, President$153,600$%24Donald, Donna, VP Finance134,400Funke, Jack, VP Sales76,800Weis, Al, VP Mfg.92,400Lang, Hope, VP Personnel78,000Lee, Amy, VP Secretary52,800b.December 31OASDI TaxableHI ТаxableName and TitleAnnual SalaryOASDI TaxHI TaxEarningsEarningsPerez, Paul, President$153,600Donald, Donna, VP Finance134,400Funke, Jack, VP Sales76,800Weis, Al, VP Mfg.92,400Lang, Hope, VP Personnel78,000Lee, Amy, VP Secretary52,800

In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. If an amount is zero, enter "o". Enter all earnings and taxes to two decimal places.

In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. If an amount is zero, enter "o". Enter all earnings and taxes to two decimal places.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter13: Accounting For Payroll And Payroll Taxes

Section: Chapter Questions

Problem 4AP

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