Lauprechta Incorporated has the following employees on payroll: Employees Semimonthly Payroll Number of Dependents from Form W-4 Marital Status Naila $ 6,000 3 Married Wilfred $ 5,300 2 Married Byron $ 3,900 0 Single Annie $ 4,500 1 Head of Household Assume that the employer uses the percentage method table for a manual payroll system. Required: Prepare Form 941 including Schedule B for the first quarter of 2023. Assume that the payroll is consistent every pay period beginning in January through March 31, that pay days are the 15th and the last day of the month, and that all tax deposits were made on a timely basis as required. Lauprechta Incorporated's Employer Identification Number (EIN) is 36-1238975, and its address is 1825 Elkhart Way, Columbus, GA 31904. Assume the company made no provisions for COVID-19 changes in the first quarter. Use percentage method tables for a manual payroll systems.
Lauprechta Incorporated has the following employees on payroll: Employees Semimonthly Payroll Number of Dependents from Form W-4 Marital Status Naila $ 6,000 3 Married Wilfred $ 5,300 2 Married Byron $ 3,900 0 Single Annie $ 4,500 1 Head of Household Assume that the employer uses the percentage method table for a manual payroll system. Required: Prepare Form 941 including Schedule B for the first quarter of 2023. Assume that the payroll is consistent every pay period beginning in January through March 31, that pay days are the 15th and the last day of the month, and that all tax deposits were made on a timely basis as required. Lauprechta Incorporated's Employer Identification Number (EIN) is 36-1238975, and its address is 1825 Elkhart Way, Columbus, GA 31904. Assume the company made no provisions for COVID-19 changes in the first quarter. Use percentage method tables for a manual payroll systems.
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter10: Payroll Register (pr)
Section: Chapter Questions
Problem 2R: You have been asked to record the November payroll information using a payroll register and a...
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Lauprechta Incorporated has the following employees on payroll:
| Employees | Semimonthly Payroll | Number of Dependents from Form W-4 | Marital Status |
|---|---|---|---|
| Naila | $ 6,000 | 3 | Married |
| Wilfred | $ 5,300 | 2 | Married |
| Byron | $ 3,900 | 0 | Single |
| Annie | $ 4,500 | 1 | Head of Household |
Assume that the employer uses the percentage method table for a manual payroll system.
Required:
Prepare Form 941 including Schedule B for the first quarter of 2023. Assume that the payroll is consistent every pay period beginning in January through March 31, that pay days are the 15th and the last day of the month, and that all tax deposits were made on a timely basis as required. Lauprechta Incorporated's Employer Identification Number (EIN) is 36-1238975, and its address is 1825 Elkhart Way, Columbus, GA 31904. Assume the company made no provisions for COVID-19 changes in the first quarter. Use percentage method tables for a manual payroll systems.
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