College Accounting (Book Only): A Career Approach
13th Edition
ISBN: 9781337280570
Author: Scott, Cathy J.
Publisher: South-Western College Pub
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Textbook Question
Chapter 7, Problem 8E
Assume that the employees in Exercise 7–7 are paid from the company’s regular bank account (check numbers 981 and 982). Prepare the entry to record and pay the payroll in general journal form, dated September 30.
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Assume that the employees are paid from the company's regular bank account check numbers 981 and 982 prepare the entry to record and pay the payroll in general journal from September 30th if required round amounts to the nearest cent if an amount does not require an entry leave it blank. College accounting 13th edition
Exercise Al-2 Calculating payroll deductions and recording the payroll LO2
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll
records
Weekly
Gross
Earnings
to End of
Previous Income
Health
Insurance
Fay
Deductions
$ 900
870
Hellen Craig
Joseph Lin
Dine Patelli
Sharleen McFer
Taxes
$12,510 $144.55 $ 37.00
13,440 113.63
19,140 173,72
24.00
36.00
1,090
1,940
32,628 458.72
24.00
$4,900
$930.62 $121.00
Required:
1. Calculate the employees' El and CPP withholdings and the amounts paid to each employee. (Do not round intermediate
calculations. Round the final answers to 2 decimal places)
Deductions
Employee
Gross
Pay
Health
Insurance
Total
Deductions
Premium
Net Pay
$ 37.00
24.00
36 00
24 00
eese on
Hellen Craig
Joseph Lim
Dino Patel
Sharleen McFee
S
4
980 00
870 00
1,000 00
1,960 00
nnnn
Income
Taxes
$ 144 55
113.63
173 72
496 72
anes
t
CPP
Prepare a payroll check using the information from the payroll register for Bill Brown for the pay period ending on August 31.
Fill out the check stub using information from the payroll register.
Prepare the check. Sign your name.
Use name Yaira Hundley. Completed payroll register is attached.
Chapter 7 Solutions
College Accounting (Book Only): A Career Approach
Ch. 7 - Prob. 1QYCh. 7 - Which of the following taxes are not withheld from...Ch. 7 - Calculate an employees total earnings if the...Ch. 7 - Prob. 4QYCh. 7 - Prob. 5QYCh. 7 - Prob. 6QYCh. 7 - When is the payroll register updated? a. Annually...Ch. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQ
Ch. 7 - Explain the difference between gross earnings and...Ch. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Determine the gross pay for each employee listed...Ch. 7 - Prob. 2ECh. 7 - Prob. 3ECh. 7 - Prob. 4ECh. 7 - For tax purposes, assume that the maximum taxable...Ch. 7 - On January 21, the column totals of the payroll...Ch. 7 - Prob. 7ECh. 7 - Assume that the employees in Exercise 77 are paid...Ch. 7 - Prob. 1PACh. 7 - Prob. 2PACh. 7 - Prob. 3PACh. 7 - Prob. 4PACh. 7 - Prob. 5PACh. 7 - Prob. 1PBCh. 7 - Prob. 2PBCh. 7 - Prob. 3PBCh. 7 - Prob. 4PBCh. 7 - Prob. 5PBCh. 7 - Attracting and retaining the best employees is...Ch. 7 - Southern Company pays its employees weekly by...Ch. 7 - Prob. 3A
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