Compute Gianas net pay for October

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Reference no: EM132508922

Question - Giana Hubert works for XYZ all year and earns a monthly salary of $11,900. There is no overtime pay. Giana's income tax withholding rate is 10% of gross pay. In addition to payroll taxes, Giana elects to contribute 4% monthly to United Way. XYZ also deducts $300 monthly for co-payment of the health insurance premium. As of September 30, Giana had $107,100 of cumulative earnings.

Requirements -

1. Compute Giana's net pay for October.

2. Journalize the accrual of salaries expense and the payment related to the employment of Giana Hubert.

Reference no: EM132508922

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