College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Chapter 8, Problem 7SEB
PAYROLL JOURN AL ENTRY Journalize the following data taken from the payroll register of Himes Bakery as of June 12, 20--:
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On payday, Company A makes payment of ş 24,350 to its employees and record the following entry:
General Journal
Page
Date
Account Titles and Explanation
Debit
Credit
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
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.
Chapter 8 Solutions
College Accounting, Chapters 1-27
Ch. 8 - Prob. 1TFCh. 8 - Prob. 2TFCh. 8 - Prob. 3TFCh. 8 - Prob. 4TFCh. 8 - A payroll register is a multi-column form used to...Ch. 8 - Prob. 1MCCh. 8 - Prob. 2MCCh. 8 - Prob. 3MCCh. 8 - Prob. 4MCCh. 8 - Social Security Tax Payable and Medicare Tax...
Ch. 8 - Prob. 1CECh. 8 - Prob. 2CECh. 8 - Prob. 1RQCh. 8 - Prob. 2RQCh. 8 - Identify the four factors that determine the...Ch. 8 - Prob. 4RQCh. 8 - Prob. 5RQCh. 8 - Prob. 6RQCh. 8 - Prob. 7RQCh. 8 - Prob. 8RQCh. 8 - Prob. 9RQCh. 8 - Prob. 10RQCh. 8 - Prob. 1SEACh. 8 - COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY...Ch. 8 - Prob. 3SEACh. 8 - CALCUL ATING SOCIAL SECURITY AND MEDICARE TAXES...Ch. 8 - Prob. 5SEACh. 8 - JOURNALIZING PAYROLL TRANSACTIONS On December 31,...Ch. 8 - PAYROLL JOURNAL ENTRY Journalize the following...Ch. 8 - Prob. 8SPACh. 8 - PAYROLL REGISTER AND PAYROLL JOURNAL ENTRY Mary...Ch. 8 - EMPLOYEE EARNINGS RECORD Marys Luxury Travel in...Ch. 8 - COMPUTING WEEKLY GROSS PAY Manuel Sotos regular...Ch. 8 - Prob. 2SEBCh. 8 - Prob. 3SEBCh. 8 - CALCULATING SOCIAL SECURITY AND MEDICARE TAXES...Ch. 8 - Prob. 5SEBCh. 8 - JOURNALIZING PAYROLL TRANSACTIONS On November 30,...Ch. 8 - PAYROLL JOURN AL ENTRY Journalize the following...Ch. 8 - Prob. 8SPBCh. 8 - Prob. 9SPBCh. 8 - Prob. 10SPBCh. 8 - Prob. 1MYWCh. 8 - Prob. 1ECCh. 8 - Prob. 1MPCh. 8 - Prob. 1CP
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