Payroll Schedule Pay Date Payroll Start Date Payroll End Date Total 3/5/2021 3/19/2021 4/2/2021 4/16/2021 Payroll Register - 04/02/2021 Employee Hire Date Employee A Employee B Employee C Total 4/30/2021 5/14/2021 5/28/2021 6/11/2021 6/25/2021 Payroll Register - 04/16/2021 Employee Hire Date Employee A Employee B Employee C Employee D 2/14/2021 2/28/2021 3/14/2021 3/28/2021 4/11/2021 4/25/2021 5/9/2021 5/23/2021 6/6/2021 01/01/2020 05/15/2020 07/10/2020 01/01/2020 05/15/2020 07/10/2020 04/01/2021 Gross Pay Gross Pay 2/27/2021 3/13/2021 3/27/2021 4/10/2021 4/24/2021 5/8/2021 5/22/2021 6/5/2021 6/19/2021 6,923.08 5,000.00 4,615.38 16,538.46 6,923.08 5,000.00 4,615.38 4,615.38 21,153.85 Employer Taxes 553.85 400.00 369.23 1,323.08 1,692.31 Employee Tax Withholding Net Pay 1,523.08 1,100.00 1,015.38 3,638.46 Q1 - Please determine the payroll accrual Amounts for closing March 2021 Q2 - Please prepare payroll accrual JE(s) to close March 2021 Employer Taxes Employee Tax Withholding Net Pay 553.85 1,523.08 400.00 1,100.00 369.23 1,015.38 369.23 1,015.38 4,653.85 5,400.00 3,900.00 3,600.00 12,900.00 5,400.00 3,900.00 3,600.00 3,600.00 16,500.00 Accrual for March 2021 close Payroll Taxes Gross Pay 0.00 0.00 Accrual for March 2021 close Payroll Taxes Gross Pay 0.00 0.00
Payroll Schedule Pay Date Payroll Start Date Payroll End Date Total 3/5/2021 3/19/2021 4/2/2021 4/16/2021 Payroll Register - 04/02/2021 Employee Hire Date Employee A Employee B Employee C Total 4/30/2021 5/14/2021 5/28/2021 6/11/2021 6/25/2021 Payroll Register - 04/16/2021 Employee Hire Date Employee A Employee B Employee C Employee D 2/14/2021 2/28/2021 3/14/2021 3/28/2021 4/11/2021 4/25/2021 5/9/2021 5/23/2021 6/6/2021 01/01/2020 05/15/2020 07/10/2020 01/01/2020 05/15/2020 07/10/2020 04/01/2021 Gross Pay Gross Pay 2/27/2021 3/13/2021 3/27/2021 4/10/2021 4/24/2021 5/8/2021 5/22/2021 6/5/2021 6/19/2021 6,923.08 5,000.00 4,615.38 16,538.46 6,923.08 5,000.00 4,615.38 4,615.38 21,153.85 Employer Taxes 553.85 400.00 369.23 1,323.08 1,692.31 Employee Tax Withholding Net Pay 1,523.08 1,100.00 1,015.38 3,638.46 Q1 - Please determine the payroll accrual Amounts for closing March 2021 Q2 - Please prepare payroll accrual JE(s) to close March 2021 Employer Taxes Employee Tax Withholding Net Pay 553.85 1,523.08 400.00 1,100.00 369.23 1,015.38 369.23 1,015.38 4,653.85 5,400.00 3,900.00 3,600.00 12,900.00 5,400.00 3,900.00 3,600.00 3,600.00 16,500.00 Accrual for March 2021 close Payroll Taxes Gross Pay 0.00 0.00 Accrual for March 2021 close Payroll Taxes Gross Pay 0.00 0.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Payroll Schedule
Pay Date Payroll Start Date Payroll End Date
2/27/2021
3/13/2021
3/27/2021
Total
3/5/2021
3/19/2021
4/2/2021
4/16/2021
Payroll Register - 04/02/2021
Employee
Hire Date
Employee A
Employee B
Employee C
4/30/2021
5/14/2021
5/28/2021
6/11/2021
6/25/2021
Payroll Register - 04/16/2021
Employee
Hire Date
Employee A
Employee B
Total
Employee C
Employee D
2/14/2021
2/28/2021
3/14/2021
3/28/2021
4/11/2021
4/25/2021
5/9/2021
5/23/2021
6/6/2021
01/01/2020
05/15/2020
07/10/2020
01/01/2020
05/15/2020
07/10/2020
04/01/2021
Gross Pay
Gross Pay
4/10/2021
4/24/2021
5/8/2021
5/22/2021
6/5/2021
6/19/2021
6,923.08
5,000.00
4,615.38
16,538.46
6,923.08
5,000.00
4,615.38
4,615.38
21,153.85
Employer Taxes Employee Tax Withholding Net Pay
1,523.08
1,100.00
1,015.38
553.85
400.00
369.23
1,323.08
Employer Taxes
553.85
400.00
369.23
369.23
1,692.31
3,638.46
Q1 - Please determine the payroll accrual Amounts for closing March 2021
Q2 - Please prepare payroll accrual JE(s) to close March 2021
Employee Tax Withholding Net Pay
1,523.08
1,100.00
1,015.38
1,015.38
4,653.85
5,400.00
3,900.00
3,600.00
12,900.00
5,400.00
3,900.00
3,600.00
3,600.00
16,500.00
Accrual for March 2021 close
Gross Pay Payroll Taxes
0.00
0.00
Accrual for March 2021 close
Payroll Taxes
Gross Pay
0.00
0.00
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