Question
EARNINGS DEDUCTIONS PAID Accounts Debited Employee Hours Regular Over time Total Social Security Tax Medicare Tax Federal Income Tax Retirement savings Total Net Pay Ck
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| EARNINGS | DEDUCTIONS | PAID | Accounts Debited | |||||||
Employee | Hours | Regular | Over time | Total | Social Security Tax | Medicare Tax | Federal Income Tax | Retirement savings | Total | Net Pay | Ck No | Sales Salaries Expense |
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Urgent!
The following information is for employees Bob Henery and Joe Rider for the week ended November 5, 2021.
Bob Henery:
Total hours worked: 38
Rate: $55 per hour, with time and a half for all hours in excess of 40
Federal income tax withheld: $601.88
Retirement Savings deduction: $85
Joe Rider:
Total hours worked: 45
Rate: $36 per hour, with time and a half for all hours in excess of 40
Federal income tax withheld: $260.10
Retirement Savings deduction: $95
Tax rates:
Social security: 6%
Medicare tax: 1.5%
Required:
(a) | Prepare the payroll register for these employees for the week ended July 5. |
(b) | Total the columns of the payroll register. |
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