Data for Wade Yeo are presented in BE. Prepare the journal entries to record
(a) Wade's pay for the period
(b) The payment of Wade's wages.
Use January 15 for the end of the pay period and the payment date
Wade Yeo’s regular hourly wage rate is $16, and he receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Wade works 47 hours. Wade’s federal income tax withholding is $95, and he has no voluntary deductions.