ournalize period F
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter10: Liabilities: Current, Installment Notes, And Contingencies
Section: Chapter Questions
Problem 10.3BE: Journalize period payroll The payroll register of Heritage Co. indicates 3,900 of social security...
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Assignment 11 Chapter 11 Unit 5
Journalize period payroll
Instructions
Chart of Accounts
Journal
Instructions
The payroll register of Clapton Co. indicates $11,340 of social security
withheld and $2,835 of Medicare tax withheld on total salaries of
$189,000 for the period. Federal withholding for the period totaled
$37,420.
<
Required:
On December 31, provide the journal entry for the period's
payroll. Refer to the chart of accounts for the exact wording
of the account titles. CNOW journals do not use lines for
journal explanations. Every line on a journal page is used
for debit or credit entries. CNOW journals will automatically
indent a credit entry when a credit amount is entered.
Chart of Accounts
ASSETS
CHART OF ACCOUNTS
Clapton Co.
General Ledger
REVENUE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd3bfafa3-2018-494e-a217-52cdeca8ea46%2F67a91fb4-ae46-4356-9165-838ee2e1e706%2Fno0kp0g_processed.jpeg&w=3840&q=75)
Transcribed Image Text:>
Assignment 11 Chapter 11 Unit 5
Journalize period payroll
Instructions
Chart of Accounts
Journal
Instructions
The payroll register of Clapton Co. indicates $11,340 of social security
withheld and $2,835 of Medicare tax withheld on total salaries of
$189,000 for the period. Federal withholding for the period totaled
$37,420.
<
Required:
On December 31, provide the journal entry for the period's
payroll. Refer to the chart of accounts for the exact wording
of the account titles. CNOW journals do not use lines for
journal explanations. Every line on a journal page is used
for debit or credit entries. CNOW journals will automatically
indent a credit entry when a credit amount is entered.
Chart of Accounts
ASSETS
CHART OF ACCOUNTS
Clapton Co.
General Ledger
REVENUE
![>
Assignment 11 Chapter 11 Unit 5
Journalize period payroll
Instructions
Chart of Accounts
Journal
Instructions
The payroll register of Clapton Co. indicates $11,340 of social security
withheld and $2,835 of Medicare tax withheld on total salaries of
$189,000 for the period. Federal withholding for the period totaled
$37,420.
<
Required:
On December 31, provide the journal entry for the period's
payroll. Refer to the chart of accounts for the exact wording
of the account titles. CNOW journals do not use lines for
journal explanations. Every line on a journal page is used
for debit or credit entries. CNOW journals will automatically
indent a credit entry when a credit amount is entered.
Chart of Accounts
ASSETS
CHART OF ACCOUNTS
Clapton Co.
General Ledger
REVENUE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd3bfafa3-2018-494e-a217-52cdeca8ea46%2F67a91fb4-ae46-4356-9165-838ee2e1e706%2Fwis9w3v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:>
Assignment 11 Chapter 11 Unit 5
Journalize period payroll
Instructions
Chart of Accounts
Journal
Instructions
The payroll register of Clapton Co. indicates $11,340 of social security
withheld and $2,835 of Medicare tax withheld on total salaries of
$189,000 for the period. Federal withholding for the period totaled
$37,420.
<
Required:
On December 31, provide the journal entry for the period's
payroll. Refer to the chart of accounts for the exact wording
of the account titles. CNOW journals do not use lines for
journal explanations. Every line on a journal page is used
for debit or credit entries. CNOW journals will automatically
indent a credit entry when a credit amount is entered.
Chart of Accounts
ASSETS
CHART OF ACCOUNTS
Clapton Co.
General Ledger
REVENUE
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