Alpine Company pays its employees time-and-a-half for hours worked in excess of 40 per week. The information available from time cards and employees individual earnings records for the pay period ended October 14 is shown in the following chart:

	Earnings at End	Daily Time							Income Tax
Name	of Previous Week	M	T	W	T	F	S	Pay Rate	Allowances or Amount
Bardin, J.	43,627.00	8	8	8	8	8	2	21.30	2
Caris, A.	44,340.00	8	8	8	8	8	8	21.60	1
Drew, W.	43,845.00	8	10	10	8	8	0	21.50	1
Garen, S.	117,600.00	8	8	8	8	8	0	49.00	$227.83
North, O.	43,875.00	8	8	8	8	8	5	21.40	3
Ovid, N.	40,150.00	8	8	8	8	8	0	21.50	1
Ross, J.	6,430.00	8	8	8	8	8	4	20.50	1
Springer, O.	44,175.00	8	8	8	8	8	3	21.25	2

Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. *Round to the nearest penny.

2. Prepare a general journal entry to record the payroll. The firm's general ledger contains a Wages Expense account and a Wages Payable account.

3. Assuming that the firm has transferred funds from its regular bank account to its special payroll bank account and that this entry has been made, prepare a general journal entry to record the payment of wages.

General Journal Instructions

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GENERAL JOURNAL

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