Empty Fields Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31; round your answers to the nearest cent. Employee Annual Salary OASDI TaxableWages OASDI Tax HITaxableWages HI Tax Utley, Genna $37,040 fill in the blank 1 of 46$ fill in the blank 2 of 46$ fill in the blank 3 of 46$ fill in the blank 4 of 46$ Werth, Norm 48,900 fill in the blank 5 of 46 fill in the blank 6 of 46 fill in the blank 7 of 46 fill in the blank 8 of 46 Bass, John 40,000 fill in the blank 9 of 46 fill in the blank 10 of 46 fill in the blank 11 of 46 fill in the blank 12 of 46 Ruiz, Sam 168,000 fill in the blank 13 of 46 fill in the blank 14 of 46 fill in the blank 15 of 46 fill in the blank 16 of 46 Compton, Sue 36,900 fill in the blank 17 of 46 fill in the blank 18 of 46 fill in the blank 19 of 46 fill in the blank 20 of 46 Williams, Mary 48,500 fill in the blank 21 of 46 fill in the blank 22 of 46 fill in the blank 23 of 46 fill in the blank 24 of 46 Patel, Raymond 106,080 fill in the blank 25 of 46 fill in the blank 26 of 46 fill in the blank 27 of 46 fill in the blank 28 of 46 Carson, Abe 56,900 fill in the blank 29 of 46 fill in the blank 30 of 46 fill in the blank 31 of 46 fill in the blank 32 of 46 Livinsky, Sarah 37,850 fill in the blank 33 of 46 fill in the blank 34 of 46 fill in the blank 35 of 46 fill in the blank 36 of 46 Harper, Mark 51,200 fill in the blank 37 of 46 fill in the blank 38 of 46 fill in the blank 39 of 46 fill in the blank 40 of 46 Totals fill in the blank 41 of 46$ fill in the blank 42 of 46$ fill in the blank 43 of 46$ fill in the blank 44 of 46$ Line Item Description Amount Employer's OASDI Tax fill in the blank 45 of 46$ Employer's HI Tax
Empty Fields Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31; round your answers to the nearest cent. Employee Annual Salary OASDI TaxableWages OASDI Tax HITaxableWages HI Tax Utley, Genna $37,040 fill in the blank 1 of 46$ fill in the blank 2 of 46$ fill in the blank 3 of 46$ fill in the blank 4 of 46$ Werth, Norm 48,900 fill in the blank 5 of 46 fill in the blank 6 of 46 fill in the blank 7 of 46 fill in the blank 8 of 46 Bass, John 40,000 fill in the blank 9 of 46 fill in the blank 10 of 46 fill in the blank 11 of 46 fill in the blank 12 of 46 Ruiz, Sam 168,000 fill in the blank 13 of 46 fill in the blank 14 of 46 fill in the blank 15 of 46 fill in the blank 16 of 46 Compton, Sue 36,900 fill in the blank 17 of 46 fill in the blank 18 of 46 fill in the blank 19 of 46 fill in the blank 20 of 46 Williams, Mary 48,500 fill in the blank 21 of 46 fill in the blank 22 of 46 fill in the blank 23 of 46 fill in the blank 24 of 46 Patel, Raymond 106,080 fill in the blank 25 of 46 fill in the blank 26 of 46 fill in the blank 27 of 46 fill in the blank 28 of 46 Carson, Abe 56,900 fill in the blank 29 of 46 fill in the blank 30 of 46 fill in the blank 31 of 46 fill in the blank 32 of 46 Livinsky, Sarah 37,850 fill in the blank 33 of 46 fill in the blank 34 of 46 fill in the blank 35 of 46 fill in the blank 36 of 46 Harper, Mark 51,200 fill in the blank 37 of 46 fill in the blank 38 of 46 fill in the blank 39 of 46 fill in the blank 40 of 46 Totals fill in the blank 41 of 46$ fill in the blank 42 of 46$ fill in the blank 43 of 46$ fill in the blank 44 of 46$ Line Item Description Amount Employer's OASDI Tax fill in the blank 45 of 46$ Employer's HI Tax
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter13: Accounting For Payroll And Payroll Taxes
Section: Chapter Questions
Problem 2AP
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Question
Empty Fields Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31; round your answers to the nearest cent.
Employee | Annual Salary | OASDI Taxable Wages |
OASDI Tax | HI Taxable Wages |
HI Tax | |||||
---|---|---|---|---|---|---|---|---|---|---|
Utley, Genna | $37,040 | fill in the blank 1 of 46$ | fill in the blank 2 of 46$ | fill in the blank 3 of 46$ | fill in the blank 4 of 46$ | |||||
Werth, Norm | 48,900 | fill in the blank 5 of 46 | fill in the blank 6 of 46 | fill in the blank 7 of 46 | fill in the blank 8 of 46 | |||||
Bass, John | 40,000 | fill in the blank 9 of 46 | fill in the blank 10 of 46 | fill in the blank 11 of 46 | fill in the blank 12 of 46 | |||||
Ruiz, Sam | 168,000 | fill in the blank 13 of 46 | fill in the blank 14 of 46 | fill in the blank 15 of 46 | fill in the blank 16 of 46 | |||||
Compton, Sue | 36,900 | fill in the blank 17 of 46 | fill in the blank 18 of 46 | fill in the blank 19 of 46 | fill in the blank 20 of 46 | |||||
Williams, Mary | 48,500 | fill in the blank 21 of 46 | fill in the blank 22 of 46 | fill in the blank 23 of 46 | fill in the blank 24 of 46 | |||||
Patel, Raymond | 106,080 | fill in the blank 25 of 46 | fill in the blank 26 of 46 | fill in the blank 27 of 46 | fill in the blank 28 of 46 | |||||
Carson, Abe | 56,900 | fill in the blank 29 of 46 | fill in the blank 30 of 46 | fill in the blank 31 of 46 | fill in the blank 32 of 46 | |||||
Livinsky, Sarah | 37,850 | fill in the blank 33 of 46 | fill in the blank 34 of 46 | fill in the blank 35 of 46 | fill in the blank 36 of 46 | |||||
Harper, Mark | 51,200 | fill in the blank 37 of 46 | fill in the blank 38 of 46 | fill in the blank 39 of 46 | fill in the blank 40 of 46 | |||||
Totals | fill in the blank 41 of 46$ | fill in the blank 42 of 46$ | fill in the blank 43 of 46$ | fill in the blank 44 of 46$ |
Line Item Description | Amount |
---|---|
Employer's OASDI Tax | fill in the blank 45 of 46$ |
Employer's HI Tax |
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