Wages of $4,000 are paid every Friday for a five-day workweek. If year end falls on a Tuesday, the adjusting entry for wages would be recorded at what amount? (Show work.)
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- Majan Company paid employee wages on Friday, March 25, and the next payroll will be paid in April. Employees work 5 days a week and the company pays $1.330 a week in wages. What will be the amount of accrue wages expense at the end of March?Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter. Required: 1. Calculate the estimated cost of workers' compensation insurance for the year.$_________A job pays an annual salary of $33,150, which includes a holiday bonus of $750. If paychecks are issued twice a month, what is the gross amount for each paycheck?
- questions and information are with attached imagineBlueside Crafts has a weekly payroll being paid on June 1st. As they are an accelerated threshold 2 remitter, the source deductions for this payroll will be due by what date?Reviewing payroll records indicates that one-fifth of employee salaries that are due to be paid on the first payday in January, totaling $15,000, are actually for hours worked in December. There was no previous balance in the Salaries Payable account at that time. Based on the information provided, make the December 31 adjusting journal entry to bring the balances to correct.
- In the space provided below, prepare the journal entry to record the November payroll for all employees assuming that the payroll is paid on November 30 and that Joness cumulative gross pay (cell I13) is 85,000.Employees at the Sheffield Waffle House were paid on Friday, December 27 for the five days ending on December 27. The next payday is Friday, January 3. Employees work 5 days a week. The weekly payroll amounts to $8050. The appropriate adjusting journal entry on December 31 would be to credit Salaries and Wages Payable for O $3220. O $8050. O $1610. O $4830.Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter. Required: 1. Calculate the estimated cost of workers' compensation insurance for the year.$fill in the blank 79e6ee06efc5fe1_1 2. Show the journal entry for the first quarterly payment on January 2, 20--. If an amount box does not require an entry, leave it blank. Page: DATE DESCRIPTION POST.REF. DEBIT CREDIT 1 Jan. 2 Workers' Compensation Insurance Expense fill in the blank 6b0385fff039038_2 fill in the blank 6b0385fff039038_3 1 2 Cash fill in the blank 6b0385fff039038_5 fill in the blank 6b0385fff039038_6 2 3 3 3a. Assume Ryan's actual payroll for the year was $89,000. Calculate the additional premium owed for 20--.$fill in the blank 29f2d308aff9fad_1 3b. Assume Ryan's actual payroll for the year was $89,000. Record the adjustment…
- Oriole provides its employees two weeks of paid vacation per year. As of December 31, 70 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is $920, what is the required journal entry to accrue compensated absences? Debit Salaries and Wages Payable for $128295 and credit Salaries and Wages Expense for $128295. No journal entry required. Debit Salaries and Wages Expense for $128800 and credit Salaries and Wages Payable for $128800. Debit Salaries and Wages Expense for $64400 and credit Salaries and Wages Payable for $64400.The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay. Round your answers to nearest cent. Compute the following for the last monthly pay of the year: a. The total wages of each part-time employee for December 20--.b. The OASDI and HI taxable wages for each employee.c. The FICA taxes withheld from each employee's wages for December.d. Totals of columns. (Totals should include both full-time and part-time employees.)e. The employer's FICA taxes for the month. Employees Total MonthlyPayroll OASDI TaxableWages OASDITax HI TaxableWages HI Tax Full-Time Office: Adaiar, Gene $1,415.00 $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 Crup, Jason 1,300.00 fill in the blank 5 fill in the blank 6 fill in the blank 7 fill in the blank 8 Essex, Joan 1,805.00 fill in the blank 9 fill in the blank 10 fill in the…Employees at a certain company are paid on Friday, December 28 for the five days ending on December 28. The next payday is Friday, January 4. Employees work 5 days a week. The weekly payroll amounts to $3,150. The appropriate adjusting journal entry on December 31 would be to credit Salaries and Wages Payable for $2,520. $2,160 $1,260. $3,150. $630.
