PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN: 9781337619783
Author: BIEG
Publisher: CENGAGE L
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Question
Chapter 1, Problem 1MQ
To determine
Match the terms with the appropriate definition.
Expert Solution & Answer
Explanation of Solution
Match the terms with the appropriate definition.
S.No | Terms | Definition |
1 | Employee’s earnings record | B. Record used in preparing employee’s W-2. |
2 | Payroll register | D. Multicolumn form used to summarize data needed each pay date. |
3 | Executive orders | F. Antidiscrimination orders for employers with contracts involving federal funds. |
4 | Fair Labor Standards Act | A. Also known as the Federal Wage and Hour Law |
5 | Immigration Reform and Control Act | H. Form I-9 to be completed by all new employees. |
6 | I. Levied by both federal and state governments. | |
7 | Vesting | J. Conveys to employees the right to share in a retirement fund |
8 | Workers’ compensation insurance | C. Protection against losses due to work-related injuries. |
9 | Family and Medical Leave Act | E. Highest-paid 10 percent of workforce can be exempted. |
10 | Affordable Care Act | G. Applicable large employers (ALE). |
Table (1)
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Students have asked these similar questions
Completing the Payroll Register
The Employee Payroll Register presents all the computations previously performed as it applies to this payroll period.
Complete the following steps (if a field should be blank, leave it blank):
Record the amount to be withheld for group insurance.
Record the amount to be withheld for health insurance.
Each worker is to be paid by check. Assign check numbers provided to the correct employee.
Compute the net pay for each employee.
Total the input columns.
KIPLEY COMPANY, INC.Payroll RegisterFor Period Ending January 8, 20--
EARNINGS
DEDUCTIONS
NET PAY
Name
Gross
OASDI
HI
FIT
SIT
SUTA
CIT
SIMPLE
Grp. Ins.
Health Ins.
Ck. No.
Amount
Carson, F.
$700.00
$43.40
$10.15
$48.00
$21.49
$0.42
$21.00
$20.00
Wilson, W.
897.04
55.62
13.01
68.00
27.54
0.54
26.91
50.00
Utley, H.
678.75
42.08
9.84
14.00
20.84
0.41
20.36
40.00
Fife, L.
877.10
54.38
12.72
33.00
26.93
0.53
26.31
50.00
Smith, L.
790.00
48.98
11.46
59.00…
|
BEI-4 Swenson Company has the following payroll procedures.
(a) Supervisor approves overtime work.
(b) The human resources department prepares hiring authorization forms for new hires.
(c) A second payroll department employee verifies payroll calculations.
(d) The treasurer's department pays employees.
Identify the payroll function to which each procedure pertains.
All details related to an employee's earnings, deductions, and net pay throughout the year would be found in:
Multiple Choice
the Wages Expense account in the general ledger.
the payroll register.
the general journal.
О
the individual earnings record.
Chapter 1 Solutions
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Ch. 1 - Prob. 1MQCh. 1 - Prob. 1QRCh. 1 - Prob. 2QRCh. 1 - Prob. 3QRCh. 1 - Prob. 4QRCh. 1 - Prob. 5QRCh. 1 - Prob. 6QRCh. 1 - Prob. 7QRCh. 1 - Prob. 8QRCh. 1 - Prob. 9QR
Ch. 1 - Prob. 10QRCh. 1 - Prob. 11QRCh. 1 - Prob. 12QRCh. 1 - Prob. 13QRCh. 1 - Prob. 14QRCh. 1 - Prob. 15QRCh. 1 - Prob. 16QRCh. 1 - Prob. 17QRCh. 1 - Prob. 18QRCh. 1 - Prob. 19QRCh. 1 - Prob. 20QRCh. 1 - Prob. 1QDCh. 1 - Prob. 2QDCh. 1 - In staffing their offices, some firms encourage...Ch. 1 - The main office of a large bank has an annual...Ch. 1 - Prob. 5QDCh. 1 - Prob. 1CP
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