November Payroll: Use the payroll file you saved under file name 07-A1 Your Name to answer the
Question:
November Payroll: Use the payroll file you saved under file name 07-A1 Your Name to answer the following questions for the November payroll.
Employee List
1. What is the number of withholding allowances for Mary Mettler?
2. What is Eunice Falgren’s street address?
Payroll Report
3. What is Phillip Griffith’s hourly rate?
4. What is the current gross pay for Donna Phelps?
5. What is the Medicare amount withheld for the quarter for Annette Winters?
6. What is Sumio Yoshino’s gross pay for the quarter?
7. What is Kevin Zellmer’s current net pay?
8. What is the total current net pay for all employees?
9. What is the total yearly gross pay for all employees?
Journal Entries Report
10. What is the amount of the credit to Employees’ Federal Income Tax Payable?
11. What is the amount of the credit to Medicare Tax Payable—HI?
12. What is the amount of the credit to Employees’ City Income Tax Payable?
December Payroll: Use the payroll file you saved under file name 07-A2 Your Name to answer the following questions for the December payroll.
Payroll Report
1. What is the current net pay for Phillip Griffith?
2. What is the current federal withholding amount for Donna Phelps?
3. What is the Medicare amount withheld for the year for Frank Schilling?
4. What is the check number for the check written to Annette Winters?
5. What is the total current amount withheld for dental insurance for all employees?
6. What is the total yearly Social Security—OASDI withheld for all employees?
Journal Entries Report
7. What is the amount of the credit to Medicare Tax Payable—HI?
8. What is the amount of the debit to Payroll Taxes Expense?
9. What is the amount of the credit to Salaries Payable?
Quarterly Report
10. What is the taxable Social Security amount for Mary Mettler?
11. What is the total taxable Medicare amount for all employees for the quarter?
W-2 Statements
12. What is the amount of state tax shown for Eunice Falgren?
13. What is the federal tax shown for Frank Schilling?
Savings Planner
14. How many months does it take to save $200,000.00 based on the information provided in this problem?
15. What is the monthly yield for month 6?
Step by Step Answer:
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen