1. On September 30, the business ran payroll for their employee, Eddie. Crankshaftcustoms matches the FICA contribution that is withdrawn from Eddie's gross earnings.Payroll RegisterFor the period 9/1-9/30; Pay date Sept. 30Employee numberNameEdward G. JohnsonTotalhoursworked150Hours160Regular EarningsRate45Amount7200Hours20Overtime EarningsRate90Amount1800Hint: For calculating total payroll liability, Crankshaft customs FICA contribution should equal the employee's FICA contribution. Assume FICA is the onlypayrol tax liabilityGrossEarnings9000DeductionsFICA500Net Earnings8500

Given in the question: Total Gross Earnings = 9,000 FICA = 500 Net Earnings = 8,500 It has been…

Answered: 1. On September 30, the business ran…

1. On September 30, the business ran payroll for their employee, Eddie. Crankshaft customs matches the FICA contribution that is withdrawn from Eddie's gross earnings.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The payroll register of Chen Heritage Co. indicates $2,220 of social security withheld and $555 of Medicare tax withheld on total salaries of $37,000 for the period. Federal withholding for the period totaled $6,290. Retirement savings withheld from employee paychecks were $2,650 for the period. Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.
Nigel is a waiter at Albicious Foods in South Carolina. Nigel is single with one other dependent and receives the standard tipped hourly wage. During the week ending October 22, 2022, 44 hours were worked, and Nigel received $238 in tips. Calculate the gross pay, assuming tips are included in the overtime rate determination. Use Table 3-2. Required: 1. Complete the payroll register for Nigel. 2a. Does Albicious Foods need to contribute to Nigel's wages to meet FLSA requirements? 2b. If so, how much should be contributed? Complete this question by entering your answers in the tabs below. Req 1 Req 2a Req 2b Complete the payroll register for Nigel. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Company Albicious Foods Nigel Totals Period Ended: 10/22/2022 Name Filing Status Dependents Hourly Rate or Period Wage Overtime Rate Number of Regular Hours Number of Overtime Hours Regular Earnings Overtime Earnings Tips Gross Earnings S 1 Other $ 2.13…
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(J) lauprechta Incorporated has the following employees on payroll: Employees is paid Semimonthly Naila $ 6,000 3 dependents Married, Wilfred $ 5,300 2 dependent Married, Byron $3900 0 dependents Single, Annie $ 4,500 1 dependent Head of Household. Assume that the employer uses the percentage method table for a manual payroll system. Prepare form 940 for 2022. No futa deposits were made during the year. assume Lauprechta has timely paid all amounts due to the state unemployment fund assume a total of amount of 3471 and the payroll was consistent throughout the entire year.
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how do you fill out and complete a payroll register for employees that are paid on a biweekly basis and married?
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Hanshaben
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