After evaluating the information provided by the employees of La Nueva Era bookstore: Determine the amounts that must be reported in the employees' W2. Calculate the Social Security and Medicare payment that the employer must make. Calculate the state unemployment that the employer must pay at the rate of 6% of the first $ 10,000 the employee earns. Make the entries to the wage related to the debts contracted with the different agencies in contributions by the employer. Employee Name Weekly salary Retirement payment Juan del Pueblo $1,250.00 $21.93 Ramonita Ramírez $950.00 $37.12 Brenda Montalvo $1,100.00 $88.00 Camilo Monge $590.00 $23.02 Jorge Emmanueli $860.00 $92.00 Mariel Estrada $1,020.00 $48.00 Emanuel Reyes $750.00 $25.60 Ernesto Ramírez $640.00 $26.40 Daniela Morales $1,000.00 $32.68 Ángel Carrasquillo $860.00 $68.80
After evaluating the information provided by the employees of La Nueva Era bookstore:
Determine the amounts that must be reported in the employees' W2.
Calculate the Social Security and Medicare payment that the employer must make.
Calculate the state
Make the entries to the wage related to the debts contracted with the different agencies in contributions by the employer.
|
Employee Name |
Weekly salary |
Retirement payment |
|
Juan del Pueblo |
$1,250.00 |
$21.93 |
|
Ramonita Ramírez |
$950.00 |
$37.12 |
|
Brenda Montalvo |
$1,100.00 |
$88.00 |
|
Camilo Monge |
$590.00 |
$23.02 |
|
Jorge Emmanueli |
$860.00 |
$92.00 |
|
Mariel Estrada |
$1,020.00 |
$48.00 |
|
Emanuel Reyes |
$750.00 |
$25.60 |
|
Ernesto Ramírez |
$640.00 |
$26.40 |
|
Daniela Morales |
$1,000.00 |
$32.68 |
|
Ángel Carrasquillo |
$860.00 |
$68.80 |
Step by step
Solved in 2 steps
