ayroll Register and Payroll Journal Entry Chart of Accounts General Journal Payroll Register Instructions Instructions Karen Jolly operates a bakery called Karen's Cupcakes. She has five employees, all of whom are paid on a weekly basis. Karen's Cupcakes uses a payroll register, individual employee eamings records, and a general journal. Karen's Cupcakes uses a weekly federal income tax withholding table like the one in Figure 8-4 in the text. The payroll data for each employee for the woek ended February 15, 20-, are given below. Employoes are paid 1% times the regular rato for working oveor 40 hours a week. No. of Marital Total Hours Total Earnings Name Allowances Status Jan. 1-Feb. 8 Worked Feb. 9-15 Rate $2,400.00 $10.00 Barone, William 40 Hastings, Gene 3,360.00 45 12.00 2,935.00 46 8.75 Nitobe, Isako 2,745 00 42 11.00 Smith, Judy 2650.76 20 10.60 Torebin Deloren Payroll Register and Payroll Journal Entry Instructions Chart of Accounts General Journal Payroll Register Instructions nn 'cfuncDI 1Z.00 J00.00 Nitobe, Isako 46 8.75 2,935.00 Smith, Judy 42 11.00 2,745.00 Tarshis, Dolores 39 10.50 2,650.75 Social Security tax is withheld from the first $118,500 of earnings at the rate of 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both applied to gross pay. Hastings and Smith have $35 withheld and Nitobe and Tarshis have $15 withheld for health insurance Nitobo and Tarshis have $25 withheld to be invested in the bakers' credit union Hastings has $18.75 withheld and Smith has $43.75 withheld under a savings bond purchase plan. Karen's Cupcakes' payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with No. 365. Required: Dronare e nauroll.register for Karen's Cuncakae for the wook endad Cohruan 15. 20 (An tha Tayahla EarningsInemplovmont Payroll Register and Payroll Journal Entry Instructions Chart of Accounts General Journal Payroll Register Instructions Social Security tax is withheld from the first $118,500 of earnings at the rate of 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both applied to gross pay. Hastings and Smith have $35 withheld and Nitobe and Tarshis have $15 withheld for health insurance Nitobe and Tarshis have $25 withheld to be invested in the bakers' credit union. Hastings has $18.75 withheld and Smith has $43.75 withheld under a savings bond purchase plan. Karen's Cupcakes' payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with No. 365 Required: 1. Prepare a payroll register for Karen's Cupcakes for the week ended February 15, 20- (In the Taxable EarningsUnemployment Compensation colurmn, enter the same amounts as in the Social Security column) Total the amount columns and verify the totals 2. Assuming that tho wages for the wook endod February 15 were paid on February 17, prepare the journal entry for the payment of this payroll. ayroll Register and Payroll Journal Entry Chart of Accounts General Journal Payroll Register Instructions Instructions Karen Jolly operates a bakery called Karen's Cupcakes. She has five employees, all of whom are paid on a weekly basis. Karen's Cupcakes uses a payroll register, individual employee eamings records, and a general journal. Karen's Cupcakes uses a weekly federal income tax withholding table like the one in Figure 8-4 in the text. The payroll data for each employee for the woek ended February 15, 20-, are given below. Employoes are paid 1% times the regular rato for working oveor 40 hours a week. No. of Marital Total Hours Total Earnings Name Allowances Status Jan. 1-Feb. 8 Worked Feb. 9-15 Rate $2,400.00 $10.00 Barone, William 40 Hastings, Gene 3,360.00 45 12.00 2,935.00 46 8.75 Nitobe, Isako 2,745 00 42 11.00 Smith, Judy 2650.76 20 10.60 Torebin Deloren Payroll Register and Payroll Journal Entry Instructions Chart of Accounts General Journal Payroll Register Instructions nn 'cfuncDI 1Z.00 J00.00 Nitobe, Isako 46 8.75 2,935.00 Smith, Judy 42 11.00 2,745.00 Tarshis, Dolores 39 10.50 2,650.75 Social Security tax is withheld from the first $118,500 of earnings at the rate of 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both applied to gross pay. Hastings and Smith have $35 withheld and Nitobe and Tarshis have $15 withheld for health insurance Nitobo and Tarshis have $25 withheld to be invested in the bakers' credit union Hastings has $18.75 withheld and Smith has $43.75 withheld under a savings bond purchase plan. Karen's Cupcakes' payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with No. 365. Required: Dronare e nauroll.register for Karen's Cuncakae for the wook endad Cohruan 15. 20 (An tha Tayahla EarningsInemplovmont Payroll Register and Payroll Journal Entry Instructions Chart of Accounts General Journal Payroll Register Instructions Social Security tax is withheld from the first $118,500 of earnings at the rate of 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both applied to gross pay. Hastings and Smith have $35 withheld and Nitobe and Tarshis have $15 withheld for health insurance Nitobe and Tarshis have $25 withheld to be invested in the bakers' credit union. Hastings has $18.75 withheld and Smith has $43.75 withheld under a savings bond purchase plan. Karen's Cupcakes' payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with No. 365 Required: 1. Prepare a payroll register for Karen's Cupcakes for the week ended February 15, 20- (In the Taxable EarningsUnemployment Compensation colurmn, enter the same amounts as in the Social Security column) Total the amount columns and verify the totals 2. Assuming that tho wages for the wook endod February 15 were paid on February 17, prepare the journal entry for the payment of this payroll