Journalize the company payroll for the semimonthly period ending on August 31.Journalize the payment of total payroll and deductions using the totals from the payroll register. 2. Payroll will be paid with check number 1152. Completed payroll register attached. DATEACCOUNT TITLEFIVE COLUMN JOURNALDOC. NO.POSTREF.DEBITGENERALCREDITSALESCREDITDEBITCASHCREDIT Semimonthly period ended: August 31, 20xxMaritalStatusMMSMEmpl. No.Name145 Brown, Bill157 Hanifan, Ted149 Jones, Beth134 Lowe, JudyTotalsNo. ofAllowances2242Regular1,344.001,058.001,074.001,486.004,962.00B and C Sporting GoodsPayroll RegisterFederal SocialTotal Income Tax Security Tax107.1468.60134.0093.0090.00165.00482.0071.8098.83346.37Overtime384.00 1,728.0048.50 1,106.5084.00 1,158.00108.00 1,594.00624.50 5,586.50MedicareTax25.0616.0416.7923.1181.01HealthInsurance86.4060.0090.0060.00296.40RetirementPlanDate of payment: August 31, 20xxTotalNet Pay Check No.172.80 525.40 1,202.60 114525.00 262.65843.85 114620.00 288.59 869.41 114750.00 396.94 1,197.06 1148267.80 1,473.58 4,112.92

Answered: Image /qna-images/answer/9e7f0b05-3cef-4626-b85e-1fedc3139659.jpg

Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Overtime Total 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Federal Social Income Tax Security Tax 134.00 93.00 107.14 68.60 90.00 71.80 165.00 98.83 482.00 346.37 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 525.40 1,202.60 1145 843.85 1146 869.41 1147 1148 1,197.06 4,112.92 172.80 25.00 262.65 20.00 288.59 50.00 396.94 267.80 1,473.58

Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Overtime Total 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Federal Social Income Tax Security Tax 134.00 93.00 107.14 68.60 90.00 71.80 165.00 98.83 482.00 346.37 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 525.40 1,202.60 1145 843.85 1146 869.41 1147 1148 1,197.06 4,112.92 172.80 25.00 262.65 20.00 288.59 50.00 396.94 267.80 1,473.58

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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