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1. co EMPLOYEE NUMBER -ALLOW. TOTAL HOURS Problem 13-8 Journalizing Payroll Transactions The Outback Guide Service payroll register for the week ending Dec. 31 is shown below. PAYROLL REGISTER PAY PERIOD ENDING Dec. 31 20 -- DATE OF PAYMENT Dec. 31 , 20- EARNINGS DEDUCTIONS CK. NO. NET NAME RATE 80C. SEC. MEDICARE FED. INC. TAX 8TATE INC TAX HOSP. INS. PAY REGULAR OVERTIME TOTAL TAX TAX OTHER TOTAL 31 Coleman, Clarence M 1 41 7.60 28 Lorman, Victoria S 1 30 8.00 33 Peterson, Peg 35 Torrez, Joyce 6 31 21 00 21 00 3 99 26 00 304 00 315 40 51 43 49 56 52 58 36 58 11 40 19 55 457 263 97 240 00 275 50 261 00 240 00 4 80 190 44 222 92 224 42 2. 14 88 3 48 2. S1 38 7.25 M2 36 7.25 275 50 261 00 5|51 5 22 3 17 08 3 4. 16 18 3 78 6 00 (LD)5 40 4. 24 24 25 25 TOTALS 1,080 50 11 40 1,091 90 67 69 15 82 74 00 21 84 10 80 190 15 901 75 Other Deductione: Write the appropriate code letter to the left of the amount: B-U.S. Savings Bonde; C-Credit Union: UD-Union Duee; UW-United Way. Use the above information in the payroll register. FICA taxes (6.2% for social security, 1.45% for Medicare) • federal unemployment tax (0.8%) • state unemployment tax (5.4%) 1. Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. Sessi.. Collaborate & Creat.. FICA taxes (6.2% for social security, 1.45% for Medicare) federal unemployment tax (0.8%) state unemployment tax (5.4%) Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. View transaction list 1. Record the payroll entry. 2. Record the employer's payroll tax expense. Credit Note : = journal entry has been entered

1. co EMPLOYEE NUMBER -ALLOW. TOTAL HOURS Problem 13-8 Journalizing Payroll Transactions The Outback Guide Service payroll register for the week ending Dec. 31 is shown below. PAYROLL REGISTER PAY PERIOD ENDING Dec. 31 20 -- DATE OF PAYMENT Dec. 31 , 20- EARNINGS DEDUCTIONS CK. NO. NET NAME RATE 80C. SEC. MEDICARE FED. INC. TAX 8TATE INC TAX HOSP. INS. PAY REGULAR OVERTIME TOTAL TAX TAX OTHER TOTAL 31 Coleman, Clarence M 1 41 7.60 28 Lorman, Victoria S 1 30 8.00 33 Peterson, Peg 35 Torrez, Joyce 6 31 21 00 21 00 3 99 26 00 304 00 315 40 51 43 49 56 52 58 36 58 11 40 19 55 457 263 97 240 00 275 50 261 00 240 00 4 80 190 44 222 92 224 42 2. 14 88 3 48 2. S1 38 7.25 M2 36 7.25 275 50 261 00 5|51 5 22 3 17 08 3 4. 16 18 3 78 6 00 (LD)5 40 4. 24 24 25 25 TOTALS 1,080 50 11 40 1,091 90 67 69 15 82 74 00 21 84 10 80 190 15 901 75 Other Deductione: Write the appropriate code letter to the left of the amount: B-U.S. Savings Bonde; C-Credit Union: UD-Union Duee; UW-United Way. Use the above information in the payroll register. FICA taxes (6.2% for social security, 1.45% for Medicare) • federal unemployment tax (0.8%) • state unemployment tax (5.4%) 1. Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. Sessi.. Collaborate & Creat.. FICA taxes (6.2% for social security, 1.45% for Medicare) federal unemployment tax (0.8%) state unemployment tax (5.4%) Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. View transaction list 1. Record the payroll entry. 2. Record the employer's payroll tax expense. Credit Note : = journal entry has been entered

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
Problem 1E
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1. co EMPLOYEE NUMBER -ALLOW. TOTAL HOURS Problem 13-8 Journalizing Payroll Transactions The Outback Guide Service payroll register for the week ending Dec. 31 is shown below. PAYROLL REGISTER PAY PERIOD ENDING Dec. 31 20 -- DATE OF PAYMENT Dec. 31 , 20- EARNINGS DEDUCTIONS CK. NO. NET NAME RATE 80C. SEC. MEDICARE FED. INC. TAX 8TATE INC TAX HOSP. INS. PAY REGULAR OVERTIME TOTAL TAX TAX OTHER TOTAL 31 Coleman, Clarence M 1 41 7.60 28 Lorman, Victoria S 1 30 8.00 33 Peterson, Peg 35 Torrez, Joyce 6 31 21 00 21 00 3 99 26 00 304 00 315 40 51 43 49 56 52 58 36 58 11 40 19 55 457 263 97 240 00 275 50 261 00 240 00 4 80 190 44 222 92 224 42 2. 14 88 3 48 2. S1 38 7.25 M2 36 7.25 275 50 261 00 5|51 5 22 3 17 08 3 4. 16 18 3 78 6 00 (LD)5 40 4. 24 24 25 25 TOTALS 1,080 50 11 40 1,091 90 67 69 15 82 74 00 21 84 10 80 190 15 901 75 Other Deductione: Write the appropriate code letter to the left of the amount: B-U.S. Savings Bonde; C-Credit Union: UD-Union Duee; UW-United Way. Use the above information in the payroll register. FICA taxes (6.2% for social security, 1.45% for Medicare) • federal unemployment tax (0.8%) • state unemployment tax (5.4%) 1. Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal.
Transcribed Image Text:1. co EMPLOYEE NUMBER -ALLOW. TOTAL HOURS Problem 13-8 Journalizing Payroll Transactions The Outback Guide Service payroll register for the week ending Dec. 31 is shown below. PAYROLL REGISTER PAY PERIOD ENDING Dec. 31 20 -- DATE OF PAYMENT Dec. 31 , 20- EARNINGS DEDUCTIONS CK. NO. NET NAME RATE 80C. SEC. MEDICARE FED. INC. TAX 8TATE INC TAX HOSP. INS. PAY REGULAR OVERTIME TOTAL TAX TAX OTHER TOTAL 31 Coleman, Clarence M 1 41 7.60 28 Lorman, Victoria S 1 30 8.00 33 Peterson, Peg 35 Torrez, Joyce 6 31 21 00 21 00 3 99 26 00 304 00 315 40 51 43 49 56 52 58 36 58 11 40 19 55 457 263 97 240 00 275 50 261 00 240 00 4 80 190 44 222 92 224 42 2. 14 88 3 48 2. S1 38 7.25 M2 36 7.25 275 50 261 00 5|51 5 22 3 17 08 3 4. 16 18 3 78 6 00 (LD)5 40 4. 24 24 25 25 TOTALS 1,080 50 11 40 1,091 90 67 69 15 82 74 00 21 84 10 80 190 15 901 75 Other Deductione: Write the appropriate code letter to the left of the amount: B-U.S. Savings Bonde; C-Credit Union: UD-Union Duee; UW-United Way. Use the above information in the payroll register. FICA taxes (6.2% for social security, 1.45% for Medicare) • federal unemployment tax (0.8%) • state unemployment tax (5.4%) 1. Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal.
Sessi.. Collaborate & Creat.. FICA taxes (6.2% for social security, 1.45% for Medicare) federal unemployment tax (0.8%) state unemployment tax (5.4%) Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. View transaction list 1. Record the payroll entry. 2. Record the employer's payroll tax expense. Credit Note : = journal entry has been entered
Transcribed Image Text:Sessi.. Collaborate & Creat.. FICA taxes (6.2% for social security, 1.45% for Medicare) federal unemployment tax (0.8%) state unemployment tax (5.4%) Record the entries for the payment of payroll and the employer's payroll tax expense in the general journal. View transaction list 1. Record the payroll entry. 2. Record the employer's payroll tax expense. Credit Note : = journal entry has been entered
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