Highridge Homes has the following payroll information for the week ended February 21: Name Earnings at End of Previous Week Daily Time Pay Rate Federal Income Tax S M T W T F S Arthur, P. 7,800.00     8 8 8 8 8     45.00 226.78 Bills, D. 2,060.00         8 8 8 8 8 12.50 26.00 Carney, W. 2,085.00     8 8 8     8 8 12.95 27.00 Dorn, J. 748.00           8 8     22.00 11.00 Edgar, L. 2,687.00     8 8 8     8 8 15.00 37.00 Fitzwilson, G. 4,150.00     8 8   8 8 8 8 23.00 125.00 Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. Employees are paid time-and-a-half for work in excess of 40 hours per week. Question Content Area Required: 1. Complete the payroll register. The Social Security tax rate is 6.2 percent, and the Medicare tax rate is 1.45 percent. Begin payroll checks with No. 2080. If required, round your intermediate calculations and the final answers to the nearest cent and use the rounded answers in subsequent computations. If an amount is zero, enter "0". HIGHRIDGE HOMES PAYROLL REGISTER FOR WEEK ENDED February 21, 20-- NAME TOTAL HOURS BEGINNING CUMULATIVE EARNINGS EARNINGS ENDING CUMULATIVE EARNINGS TAXABLE EARNINGS DEDUCTIONS PAYMENTS REGULAR OVERTIME TOTAL UNEMPLOYMENT SOCIAL SECURITY MEDICARE FEDERAL INCOME TAX SOCIAL SECURITY TAX MEDICARE TAX TOTAL NET AMOUNT CK. NO. Arthur, P. fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank 8f50a7068fe6ffb_6 $fill in the blank 8f50a7068fe6ffb_7 $fill in the blank 8f50a7068fe6ffb_8 $fill in the blank 8f50a7068fe6ffb_9 $fill in the blank 8f50a7068fe6ffb_10 $fill in the blank 8f50a7068fe6ffb_11 $fill in the blank 8f50a7068fe6ffb_12 $fill in the blank 8f50a7068fe6ffb_13 $fill in the blank 8f50a7068fe6ffb_14 fill in the blank 8f50a7068fe6ffb_15 Bills, D. fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank 8f50a7068fe6ffb_21 $fill in the blank 8f50a7068fe6ffb_22 $fill in the blank 8f50a7068fe6ffb_23 $fill in the blank 8f50a7068fe6ffb_24 $fill in the blank 8f50a7068fe6ffb_25 $fill in the blank 8f50a7068fe6ffb_26 $fill in the blank 8f50a7068fe6ffb_27 $fill in the blank 8f50a7068fe6ffb_28 $fill in the blank 8f50a7068fe6ffb_29 fill in the blank 8f50a7068fe6ffb_30 Carney, W. fill in the blank 8f50a7068fe6ffb_31 $fill in the blank  $fill in the blank  $fill in the blank  $fill in the blank 8f50a7068fe6ffb_35 $fill in the blank 8f50a7068fe6ffb_36 $fill in the blank 8f50a7068fe6ffb_37 $fill in the blank 8f50a7068fe6ffb_38 $fill in the blank 8f50a7068fe6ffb_39 $fill in the blank 8f50a7068fe6ffb_40 $fill in the blank 8f50a7068fe6ffb_41 $fill in the blank 8f50a7068fe6ffb_42 $fill in the blank 8f50a7068fe6ffb_43 $fill in the blank 8f50a7068fe6ffb_44 fill in the blank 8f50a7068fe6ffb_45 Dorn, J. fill in the blank 8f50a7068fe6ffb_46 $fill in the blank 8f50a7068fe6ffb_47 $fill in the blank 8f50a7068fe6ffb_48 $fill in the blank 8f50a7068fe6ffb_49 $fill in the blank 8f50a7068fe6ffb_50 $fill in the blank 8f50a7068fe6ffb_51 $fill in the blank 8f50a7068fe6ffb_52 $fill in the blank 8f50a7068fe6ffb_53 $fill in the blank 8f50a7068fe6ffb_54 $fill in the blank 8f50a7068fe6ffb_55 $fill in the blank 8f50a7068fe6ffb_56 $fill in the blank 8f50a7068fe6ffb_57 $fill in the blank 8f50a7068fe6ffb_58 $fill in the blank 8f50a7068fe6ffb_59 fill in the blank 8f50a7068fe6ffb_60 Edgar, L. fill in the blank 8f50a7068fe6ffb_61 $fill in the blank 8f50a7068fe6ffb_62 $fill in the blank 8f50a7068fe6ffb_63 $fill in the blank 8f50a7068fe6ffb_64 $fill in the blank 8f50a7068fe6ffb_65 $fill in the blank 8f50a7068fe6ffb_66 $fill in the blank 8f50a7068fe6ffb_67 $fill in the blank 8f50a7068fe6ffb_68 $fill in the blank 8f50a7068fe6ffb_69 $fill in the blank 8f50a7068fe6ffb_70 $fill in the blank 8f50a7068fe6ffb_71 $fill in the blank 8f50a7068fe6ffb_72 $fill in the blank 8f50a7068fe6ffb_73 $fill in the blank 8f50a7068fe6ffb_74 fill in the blank 8f50a7068fe6ffb_75 Fitzwilson, G. fill in the blank 8f50a7068fe6ffb_76 $fill in the blank 8f50a7068fe6ffb_77 $fill in the blank 8f50a7068fe6ffb_78 $fill in the blank 8f50a7068fe6ffb_79 $fill in the blank 8f50a7068fe6ffb_80 $fill in the blank 8f50a7068fe6ffb_81 $fill in the blank 8f50a7068fe6ffb_82 $fill in the blank 8f50a7068fe6ffb_83 $fill in the blank 8f50a7068fe6ffb_84 $fill in the blank 8f50a7068fe6ffb_85 $fill in the blank 8f50a7068fe6ffb_86 $fill in the blank 8f50a7068fe6ffb_87 $fill in the blank 8f50a7068fe6ffb_88 $fill in the blank 8f50a7068fe6ffb_89 fill in the blank 8f50a7068fe6ffb_90     $fill in the blank 8f50a7068fe6ffb_91 $fill in the blank 8f50a7068fe6ffb_92 $fill in the blank 8f50a7068fe6ffb_93 $fill in the blank 8f50a7068fe6ffb_94 $fill in the blank 8f50a7068fe6ffb_95 $fill in the blank 8f50a7068fe6ffb_96 $fill in the blank 8f50a7068fe6ffb_97 $fill in the blank 8f50a7068fe6ffb_98 $fill in the blank 8f50a7068fe6ffb_99 $fill in the blank 8f50a7068fe6ffb_100 $fill in the blank 8f50a7068fe6ffb_101 $fill in the blank 8f50a7068fe6ffb_102 $fill in the blank 8f50a7068fe6ffb_103   Question Content Area

Q: NN Company operates on a 6-day week, with time and one-quarter for all hours over eight during the…

A: It is the amount to be withheld by an employer from an employee, if the employees' annual income…

Q: Journalize Payroll Tax The payroll register of Heritage Co. indicates $3,900 of social security…

A: A payroll tax is a tax paid on the wages and salaries of employees to finance social insurance…

Q: answer must be in proper format or i will give down vote

A: Detailed explanation:a,  Journal entry for payroll of the weekMay 18 Record increase in expense by…

Q: The following data for Throwback Industries Inc. relate to the payroll for the week ended December…

A: Throwback Industries Inc. processed its payroll for the week ended December 9, 2018, involving…

Q: Summertime Company has 10 employees and processes payroll bi-weekly. A summary of their payroll…

A: Here discuss about the details of Payroll and withhold taxes in the form of CPP, Employees insurance…

Q: Journalize Payroll Tax The payroll register of Wang Engineering Co. indicates $2,346 of social…

A: State unemployment tax = earnings subject to state and federal tax × 5.4%

Q: The payroll register of Seaside Architecture Company indicates $820 of social security and $215 of…

A: Payroll tax: It refers to the tax that is levied on the company on the spending of its employees.…

Q: Ultimate Accounting Services has the following payroll information for the week ending in December…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

Q: Required Information [The following Information applies to the questions displayed below] A payroll…

A: The social security taxes are the taxes collected by the government from employers and employees and…

Q: The payroll register for Star Express & Company for the pay period ended January 31, 20--, showed…

A: Journal entries: Date Account journal Debit $ Credit $ Jan 31 Salaries and wages expense…

Q: Calculation and Journal Entry for Employer Payroll Taxes Portions of the payroll register for La…

A: Taxation: Taxation refers to the imposition of compulsory financial obligations by the government on…

Q: CALCULATING PAYROLL TAXES EXPENSE AND PREPARING JOURNALENTRY Selected information from the payroll…

A: SUTA stands for "The State Unemployment Tax Act".  SUTA tax will be levied on the total unemployment…

Q: The payroll register of Salem Communications Co. indicates 6.2% of social security withheld and…

A: Payroll taxes are the amount of tax liability that is to be paid on payment of salaries and wages to…

Q: Complete Accounting Services has the following payroll information for the week ended December 7.…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

Q: The totals line from Nix Company’s payroll register for the week ended March 31, 20--, is shown:…

A: A journal entry is a form of accounting entry that is used to report a business transaction in a…

Q: Prepare a payroll check for Janice burns for the week ending March 23,20

A: Fill each blank as follows. Date : March 23 Pay to the order of : Burns, Janice…

Q: Assume that a payroll register contains the following columnar totals for the pay period ending…

A: Payroll The procedure where a company reimburses to the employees based on their working hours,…

Q: he journal entry to record the payroll from Figure 6.1, on pages 6-2 and 6-3, would be:   Debit…

A: a. Record journal entry for payment of wages, payroll and withhold taxes payable as shown below:…

Q: Assuming no employees are subject to ceilings for their earnings, Harris Company has the following…

A: Social security tax = Gross payroll × 6% Federal unemployment tax and state unemployment tax are not…

Q: The following totals for the month of April were taken from the payroll register of Oriole Company.…

A: Understanding Accrual Accounting:In accrual accounting, we recognize expenses in the period they are…

Q: CALCULATION AND JOURNAL ENTRY FOR EMPLOYER PAYROLL TAXES Portions of the payroll register for…

A: Payroll taxes are the amount of taxes that is being payable on salaries payable to employees.

Q: leek Ending December 9, 20Y8

A: A payroll log is a list of all employee salary information over a given pay period. The payroll…

Q: Nov. 30: Journalized the monthly payroll for November, based on the following data. Description…

A: answers Description Debit Credit Sales Salaries Expense $135,000   Office Salaries…

Q: Journalize Payroll Tax The payroll register of Chen Engineering Co. indicates $1,956 of social…

A: 1. Gross salary = $32,600 2. Federal unemployment Tax = $10,100 x 0.6%=$60.60  3. State unemployment…

Q: The following information about the payroll for the week ended December 30 was obtained from the…

A: Social Security Tax Payable  = Gross salaries x Social security tax rate = $352,000*6% = $21,120…

Q: The payroll register for Star Express & Company for the pay period ended January 31, 20--, showed…

A: Social Security tax = Social Security Taxable Earnings x Social Security tax rate = 787000*6.20% =…

Q: A6  please help....

A: To record the payroll, we need to understand the accounting entries involved. The payroll taxes…

Q: am. 121.

A: NameTotal HoursOvertimeRegular EarningsOvertime rate (1.5x)Regular EarningsOvertime EarningsTotal…

Q: According to the accountant of Metlock, Inc., its payroll taxes for the week were as follows:…

A: Accrued liabilities means liabilities which are due in current period, but not yet paid. These…

Q: Payroll Tax Entries According to a summary of the payroll of Mountain Streaming Co., $582,000 was…

A: Gross pay is employees' earnings before making any deductions like taxes, benefits and other payroll…

Q: bh.0

A: The objective of the question is to prepare a journal entry to record the payroll expenses for…

Q: Assuming no employees are subject to ceilings for their earnings, Harris Company has the following…

A: Salaries payable is the amount of salary which is due but not yet paid.

Q: ) Journalize the payroll entry for the week. DATE   Debit Credit X/X…

A:

Q: The payroll register of Seaside Architecture Company indicates $840 of social security and $213 of…

A: Formula: State Unemployment Tax Payable = Total salaries x State Unemployment Tax rate Federal…

Q: The invoice date for a bill is September 15 with the terms 2/15, n/40. The discount date and due…

A:

Q: Payroll tax entries   Instructions Chart of Accounts First Question Journal       Instructions…

A: Given information is: Taxable Income = $770,000 Social security tax rate = 6% Medicare tax = 1.5%…

Q: Instructions The payroll register of Heritage Co. indicates $13,320 of social security withheld and…

A: Minor Improvement:While not strictly necessary for this specific entry, some companies might choose…

Payroll Entries

Payroll is a comprehensive record of employees that are paid by the company. Payroll classifies employees into various categories according to their function and pays scale (basic wage, allowance, income tax, other taxes, employee loans, etc.). Payroll processes form the bedrock of every organization as it contains sensitive information on the ‘wage and paycheck’ portion of the company’s strength—its employees. The organization needs to keep a track of the employees currently on the payroll, the net payout for the company, the record of transactions related to the employees including deductions and payroll taxes to identify the liability and its effect on the balance sheet (and other financial statements). Payroll records also include qualitative factors such as the conduct of the employee.