Review your friend Johnny's weekly paystub/earning's statement and answer questions #1 -4 thatfollow it.121213EARNINGS STATEMENTPay Perlod: 2018 - 042018Abstract UnitedJamaica, NY. 11433, USAPay Date 0O2018Employee 2214Johnny BraveMarital Status SingleExemptions: 0Jamaica NY. 4564I, USASecial Security ss6bEDUCTIONSYTD TOTALB1.20347 20631.402.00EARNINGS RATE10HOURSTOTAL400.000.000.000.000.000.00YTD TOTALTOTAL5.600.00SalaryOvertimeHolidayVacatinBonusPloatFica- MedicareFica- Social SecuntyFederal TaxState Ta0.0024045.1020000.000.00000.00DEDUCTION TOTAL95.70GROSS PAY400.00S00.00NET PAY30430420.201. For the one week pay period ending 04/03/2018, what is Johnny's gross pay? (Section 4.2)Page 92. How much was deducted for federal income tax in this pay period? (Section 4.2)736 DM

Gross pay is the amount earned by a worker without any deduction made from the salary. The deduction…

121213 EARNINGS STATEMENT Pay Pertod 20 408 Pay Date O018 Employee 2214 Johnny Brave Jamaica NY. 464I, USA Abstract United Jamaica, NY. 11433, USA Marital Status Single Eemptions: 0 Secial Security s6 tEDUCTIONS Pa Medicare Pa- Social Secunity Foderal Ta State Ta HOURS TOTAL EARNINGS RATE Salary Overtine TOTAL 400.00 .00 0.00 0.00 YTD TOTAL B120 347.20 631.40 YTD TOTAL 3.60000 10 0.00 240 4.10 20.00 Holiday Vacatin Bo Ploat 0.00 2.00 .00 0.00 .00 0.00 DEDUCTION TOTAL 9.70 GROSS PAY S00.00 NET PAY 4.20 20 1. For the one week pay period ending 04/03/2018, what is Johnny's gross pay? (Section 4.2) 2. How much was deducted for federal income tax in this pay period? (Section 4.2)

121213 EARNINGS STATEMENT Pay Pertod 20 408 Pay Date O018 Employee 2214 Johnny Brave Jamaica NY. 464I, USA Abstract United Jamaica, NY. 11433, USA Marital Status Single Eemptions: 0 Secial Security s6 tEDUCTIONS Pa Medicare Pa- Social Secunity Foderal Ta State Ta HOURS TOTAL EARNINGS RATE Salary Overtine TOTAL 400.00 .00 0.00 0.00 YTD TOTAL B120 347.20 631.40 YTD TOTAL 3.60000 10 0.00 240 4.10 20.00 Holiday Vacatin Bo Ploat 0.00 2.00 .00 0.00 .00 0.00 DEDUCTION TOTAL 9.70 GROSS PAY S00.00 NET PAY 4.20 20 1. For the one week pay period ending 04/03/2018, what is Johnny's gross pay? (Section 4.2) 2. How much was deducted for federal income tax in this pay period? (Section 4.2)

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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