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Brief Exercise 174 Maddy Peterss regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40

Brief Exercise 174

Maddy Peterss regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a March pay period, Maddy works 47 hours. Maddys federal income tax withholding is $80, and she has no voluntary deductions. Prepare the journal entry to record Maddys pay for the period. Use March 15 for the end of the pay period. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date

Account Titles and Explanation

Debit

Credit

Mar. 15

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