7-3iNovember 17

• No. 11

Prepare an employees earnings record for Beth Anne Woods, a new employee who began work today, Tuesday. Woods is single. She is employed as a programmer at a monthly salary of $2,600. Address, 8102 Franklin Court, Philadelphia, PA 19105-0915. Telephone, 555-1128. Social Security No. 000-00-1587. She is eligible for group insurance coverage of $47,000 immediately, although her first deduction for group insurance will not be made until December 18.

Department: Office

Weekly rate: $600.00

Hourly rate: $15.00

7-3jNovember 18

• No. 12

Deposit with the state of Pennsylvania the amount of state income taxes withheld from the November 6 and 13 (Ruth Williams) payrolls and complete the information worksheet.

7-3kNovember 20

Project Audit Test

Net Paid $9,538.43

• No. 13

With this pay, the company has decided to offer employees a Savings Incentive Match Plan for Employees (SIMPLE Retirement Plan). Most of the employees opted to wait until the start of the following year to participate. However, the following employees have decided to take part in the plan for the remaining pay periods of the year.

Jamie Ferguson:	$500 contribution per pay period
Kari Mann:	$250 contribution per pay period
Joseph ONeill:	$700 contribution per pay period
Jeri Ryan:	$200 contribution per pay period

The contributions are to be deducted from the participating employees pay and are excluded from the employees income for federal income tax purposes. The other payroll taxes still apply. On the payroll registers and the earnings record, use the blank column under Deductions for these contributions. Use the term SIMPLE as the new heading for this deduction column (on both the payroll register and employees earnings record).

Use the account in the general ledger for SIMPLE Contributions Payableaccount no. 29.

The company must match these contributions dollar for dollar, up to 3 percent of the employees compensation. These payments will be processed through the Accounts Payable Department.

Prepare the payroll for the last pay period of November from Time Clerks Report Nos. 44 and 45, and record the paychecks issued to all employees. Also, record the employers payroll taxes.

Pay Points

Remember to deduct the premiums on the group insurance for each employee.

• No. 14

Salary increases of $30 per week, effective for the two weeks covered in the December 4 payroll, are given to Catherine L. Ford and Serdar P. Russell. The group insurance coverage for Ford will be increased to $50,000; for Russell, it will be increased to $49,000. Update the employees earnings records accordingly. The new wage rates are listed below.

Employee	Weekly Rate	Hourly Rate
Ford, Catherine L.	$640.00	$16.00
Russell, Serdar P.	630.00	15.75

Pay Points

The new wage rates are effective for the December 4 payroll.

7-3lNovember 30

• No. 15

Prepare an employees earnings record for Paul Winston Young, the presidents nephew, who began work today. Young is single. He is training as a field sales representative in the city where the home office is located. His beginning salary is $2,730 per month. Address, 7936 Holmes Drive, Philadelphia, PA 19107-0007. Telephone, 555-2096. Social Security No. 000-00-6057. Young is eligible for group insurance coverage of $49,000.

Department: Sales

Weekly rate: $630.00

Hourly rate: $15.75