Following is a time sheet completed by an hourly wage earner at Harold, Inc.:

Use Microsoft Excel to perform the following tasks:

a. Design an appropriate format for a data entry screen that could be used in the payroll department to enter information from this time sheet in the company?s payroll software program.

b. Prepare a payroll journal with the column headings shown in the table above. Enter the relevant information from the preceding time sheet onto this journal and calculate gross pay, federal withholdings, and net pay. Use two lines for this employee, and assume that the pay rate is $19.75 per hour, with time?and?a?half for overtime. (Overtime applies to any time worked over 40 hours within one week.) Use the following withholding rates: FICA (Social Security)?6.2 percent of gross pay; Medicare?1.45 percent of gross pay; federal income taxes?20 percent. Assume no additional withholdings.

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Name: Jane Kaller Pay Period Ending: 05/02/07 SS# 222-55-6666 Approval: KTB Mon. IN 08:02 οUT 11:40 IN 12:34 M 17:02 OUT Tue. IN 08:00 OUT 11:45 т IN 12:44 OUT 17:01 Wed. IN 08:11 OUT 11:30 IN 12:15 17:00 OUT 07:57 Thur. IN Th OUT 11:44 Th IN 12:52 Th 17:16 OUT Th Fri. IN 12:01 OUT 16:15 17:10 IN OUT 21:05 Sat. IN 09:00 Sa OUT 12:04 Sa IN OUT Sun. IN OUT IN OUT Hours: Regular/ Overtime Pay Rate: FICA Withheld Federal Inc. Tax Withheld Name/SS# Employee Regular/ Overtime Medicare Withheld Net Pay Date Gross Pay