Question
eBook Question Content Area Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Hours
eBook
Question Content Area
Payroll Register
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8:
Hours | Hourly | Weekly | Federal | Retirements | ||||||
Employee | Worked | Rate | Salary | Income Tax | Savings | |||||
Aaron | 42 | $26 | $257.14 | $90 | ||||||
Cobb | 46 | 44 | 463.54 | 50 | ||||||
Clemente | 43 | 34 | 287.47 | 110 | ||||||
DiMaggio | 37 | 28 | 217.56 | 105 | ||||||
Griffey, Jr. | 48 | 42 | 458.64 | 85 | ||||||
Mantle | $2,290 | 549.60 | 65 | |||||||
Robinson | 35 | 30 | 157.50 | 95 | ||||||
Williams | 2,560 | 563.20 | 50 | |||||||
Vaughn | 45 | 40 | 380.00 | 40 |
Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901.
Required:
Question Content Area
1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places).
Payroll for Week Ending December 9, 20Y8 | |||||||||||||
Earnings | Deductions Withheld | Paid | Accounts Debited | ||||||||||
Name | Total Hours | Regular | Overtime | Total | Social Security Tax | Medicare Tax | Federal Income Tax | Retirement Savings | Total | Net Pay | Ck. No. | Sales Salaries Expense | Office Salaries Expense |
Aaron | 42 | $fill in the blank 7d819005c074fbf_1 | $fill in the blank 7d819005c074fbf_2 | $fill in the blank 7d819005c074fbf_3 | $fill in the blank 7d819005c074fbf_4 | $fill in the blank 7d819005c074fbf_5 | $257.14 | $90 | $fill in the blank 7d819005c074fbf_6 | $fill in the blank 7d819005c074fbf_7 | 901 | $fill in the blank 7d819005c074fbf_8 | |
Cobb | 46 | fill in the blank 7d819005c074fbf_9 | fill in the blank 7d819005c074fbf_10 | fill in the blank 7d819005c074fbf_11 | fill in the blank 7d819005c074fbf_12 | fill in the blank 7d819005c074fbf_13 | 463.54 | 50 | fill in the blank 7d819005c074fbf_14 | fill in the blank 7d819005c074fbf_15 | 902 | fill in the blank 7d819005c074fbf_16 | |
Clemente | 43 | fill in the blank 7d819005c074fbf_17 | fill in the blank 7d819005c074fbf_18 | fill in the blank 7d819005c074fbf_19 | fill in the blank 7d819005c074fbf_20 | fill in the blank 7d819005c074fbf_21 | 287.47 | 110 | fill in the blank 7d819005c074fbf_22 | fill in the blank 7d819005c074fbf_23 | 903 | fill in the blank 7d819005c074fbf_24 | |
DiMaggio | 37 | fill in the blank 7d819005c074fbf_25 | fill in the blank 7d819005c074fbf_26 | fill in the blank 7d819005c074fbf_27 | fill in the blank 7d819005c074fbf_28 | 217.56 | 105 | fill in the blank 7d819005c074fbf_29 | fill in the blank 7d819005c074fbf_30 | 904 | fill in the blank 7d819005c074fbf_31 | ||
Griffey, Jr. | 48 | fill in the blank 7d819005c074fbf_32 | fill in the blank 7d819005c074fbf_33 | fill in the blank 7d819005c074fbf_34 | fill in the blank 7d819005c074fbf_35 | fill in the blank 7d819005c074fbf_36 | 458.64 | 85 | fill in the blank 7d819005c074fbf_37 | fill in the blank 7d819005c074fbf_38 | 905 | fill in the blank 7d819005c074fbf_39 | |
Mantle | fill in the blank 7d819005c074fbf_40 | fill in the blank 7d819005c074fbf_41 | fill in the blank 7d819005c074fbf_42 | 549.60 | 65 | fill in the blank 7d819005c074fbf_43 | fill in the blank 7d819005c074fbf_44 | 906 | $fill in the blank 7d819005c074fbf_45 | ||||
Robinson | 35 | fill in the blank 7d819005c074fbf_46 | fill in the blank 7d819005c074fbf_47 | fill in the blank 7d819005c074fbf_48 | fill in the blank 7d819005c074fbf_49 | 157.50 | 95 | fill in the blank 7d819005c074fbf_50 | fill in the blank 7d819005c074fbf_51 | 907 | fill in the blank 7d819005c074fbf_52 | ||
Williams | fill in the blank 7d819005c074fbf_53 | fill in the blank 7d819005c074fbf_54 | fill in the blank 7d819005c074fbf_55 | 563.20 | 50 | fill in the blank 7d819005c074fbf_56 | fill in the blank 7d819005c074fbf_57 | 908 | fill in the blank 7d819005c074fbf_58 | ||||
Vaughn | 45 | fill in the blank 7d819005c074fbf_59 | fill in the blank 7d819005c074fbf_60 | fill in the blank 7d819005c074fbf_61 | fill in the blank 7d819005c074fbf_62 | fill in the blank 7d819005c074fbf_63 | 380.00 | 40 | fill in the blank 7d819005c074fbf_64 | fill in the blank 7d819005c074fbf_65 | 909 | fill in the blank 7d819005c074fbf_66 | |
Totals | $fill in the blank 7d819005c074fbf_67 | $fill in the blank 7d819005c074fbf_68 | $fill in the blank 7d819005c074fbf_69 | $fill in the blank 7d819005c074fbf_70 | $fill in the blank 7d819005c074fbf_71 | $fill in the blank 7d819005c074fbf_72 | $fill in the blank 7d819005c074fbf_73 | $fill in the blank 7d819005c074fbf_74 | $fill in the blank 7d819005c074fbf_75 | $fill in the blank 7d819005c074fbf_76 | $fill in the blank 7d819005c074fbf_77 |
2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank.
blank | Medicare Tax ExpenseRetirement Savings Deductions PayableSalaries PayableSales Salaries ExpenseSocial Security Tax PayableSales Salaries Expense | Sales Salaries Expense | Sales Salaries Expense |
Medicare Tax ExpenseOffice Salaries ExpenseRetirement Savings Deductions PayableSalaries PayableSocial Security Tax PayableOffice Salaries Expense | Office Salaries Expense | Office Salaries Expense | |
CashOffice Salaries ExpenseSales Salaries ExpenseSocial Security Tax ExpenseSocial Security Tax PayableSocial Security Tax Payable | Social Security Tax Payable | Social Security Tax Payable | |
CashMedicare Tax ExpenseMedicare Tax PayableOffice Salaries ExpenseSales Salaries ExpenseMedicare Tax Payable | Medicare Tax Payable | Medicare Tax Payable | |
CashEmployees Federal Income Tax ExpenseEmployees Federal Income Tax PayableOffice Salaries ExpenseSales Salaries ExpenseEmployees Federal Income Tax Payable | Employees Federal Income Tax Payable | Employees Federal Income Tax Payable | |
Bond Deductions PayableCashOffice Salaries ExpenseRetirement Savings Deductions PayableSales Salaries ExpenseRetirement Savings Deductions Payable | Retirement Savings Deductions Payable | Retirement Savings Deductions Payable | |
Accounts ReceivableCashOffice Salaries ExpenseSalaries PayableSales Salaries ExpenseSalaries Payable | Salaries Payable | Salaries Payable |
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