Employee Benefits The table below lists the employee contributions to Group Insurance and Health Insurance Also, a check number has been assigned to each employee Note that some employees are not yet eligible for Group Insurance coverage under the company plan KIPLEY COMPANY, INC Insurance Deduction Register Name GRP INS HEALTH INS CK NO Carson, F $0 85 $1 65 313 Wilson, W 0 85 1 65 314 Utley, H 0 85 1 65 315 Fife, L 0 85 1 65 316 Smith, L 1 65 317 Fay, G 0 85 1 65 318 Robey, G 0 85 1 65 319 Schork, T 1 65 320 Hardy, B 0 85 1 65 321 Kipley, C 0 85 1 65 322 X Payroll Register Question Content Area Completing the Payroll Register The Employee Payroll Register presents all the computations previously performed as it applies to this payroll period Complete the following steps (if a field should be blank, leave it blank) Record the amount to be withheld for group insurance Record the amount to be withheld for health insurance Each worker is to be paid by check Assign check numbers provided to the correct employee Compute the net pay for each employee Total the input columns KIPLEY COMPANY, INC Payroll Register For Period Ending January 8, 20 EARNINGS DEDUCTIONS NET PAY Name Gross OASDI HI FIT SIT SUTA CIT SIMPLE Grp Ins Health Ins Ck No Amount Carson, F $700 00 $43 40 $10 15 $48 00 $21 49 $0 42 $21 00 $20 00 $fill in the blank 47bb30f84fe0fcf 1 $fill in the blank 47bb30f84fe0fcf 2 fill in the blank 47bb30f84fe0fcf 3 $fill in the blank 47bb30f84fe0fcf 4 Wilson, W 897 04 55 62 13 01 68 00 27 54 0 54 26 91 50 00 fill in the blank 47bb30f84fe0fcf 5 fill in the blank 47bb30f84fe0fcf 6 fill in the blank 47bb30f84fe0fcf 7 fill in the blank 47bb30f84fe0fcf 8 Utley, H 678 75 42 08 9 84 14 00 20 84 0 41 20 36 40 00 fill in the blank 47bb30f84fe0fcf 9 fill in the blank 47bb30f84fe0fcf 10 fill in the blank 47bb30f84fe0fcf 11 fill in the blank 47bb30f84fe0fcf 12 Fife, L 877 10 54 38 12 72 33 00 26 93 0 53 26 31 50 00 fill in the blank 47bb30f84fe0fcf 13 fill in the blank 47bb30f84fe0fcf 14 fill in the blank 47bb30f84fe0fcf 15 fill in the blank 47bb30f84fe0fcf 16 Smith, L 790 00 48 98 11 46 59 00 24 25 0 47 23 70 20 00 fill in the blank 47bb30f84fe0fcf 17 fill in the blank 47bb30f84fe0fcf 18 fill in the blank 47bb30f84fe0fcf 19 fill in the blank 47bb30f84fe0fcf 20 Fay, G 539 15 33 43 7 82 0 00 16 55 0 32 16 17 40 00 fill in the blank 47bb30f84fe0fcf 21 fill in the blank 47bb30f84fe0fcf 22 fill in the blank 47bb30f84fe0fcf 23 fill in the blank 47bb30f84fe0fcf 24 Robey, G 623 08 38 63 9 03 7 00 19 13 0 37 18 69 50 00 fill in the blank 47bb30f84fe0fcf 25 fill in the blank 47bb30f84fe0fcf 26 fill in the blank 47bb30f84fe0fcf 27 fill in the blank 47bb30f84fe0fcf 28 Schork, T 773 08 47 93 11 21 51 00 23 73 0 46 23 19 60 00 fill in the blank 47bb30f84fe0fcf 29 fill in the blank 47bb30f84fe0fcf 30 fill in the blank 47bb30f84fe0fcf 31 fill in the blank 47bb30f84fe0fcf 32 Hardy, B 666 11 41 30 9 66 14 00 20 45 0 40 19 98 30 00 fill in the blank 47bb30f84fe0fcf 33 fill in the blank 47bb30f84fe0fcf 34 fill in the blank 47bb30f84fe0fcf 35 fill in the blank 47bb30f84fe0fcf 36 Kipley, C 1,000 00 62 00 14 50 43 00 30 70 0 60 30 00 80 00 fill in the blank 47bb30f84fe0fcf 37 fill in the blank 47bb30f84fe0fcf 38 fill in the blank 47bb30f84fe0fcf 39 fill in the blank 47bb30f84fe0fcf 40 Totals $fill in the blank 47bb30f84fe0fcf 41 $467 75 $109 40 $337 00 $231 61 $4 52 $226 31 $440 00 $fill in the blank 47bb30f84fe0fcf 42 $fill in the blank 47bb30f84fe0fcf 43 $fill in the blank 47bb30f84fe0fcf 44 Feedback Area Feedback Partially correct X Taxable Earnings Question Content Area Taxable Earnings The employer's taxes have been calculated on the Totals row of Taxable Earnings in Chapters 3 and 5 using the following rates Enter the Employer's total payroll taxes for the pay period ending January 8, 20 KIPLEY COMPANY, INC Taxable Earnings Payroll Taxes Taxable Earnings Payroll Taxes OASDI HI FUTA SUTA Totals $7,544 31 $fill in the blank 0ee16d00203cfb2 1 $467 75 $109 39 $45 27 $278 31 Feedback Area Feedback Correct X Journal Entry Recording Payroll Question Content Area Journal Entry Recording Payroll Complete the following Prepare the journal entries as of January 12 to record the payroll and the payroll taxes for the week ending January 8 Credit Salaries Payable for the total net pay Date Account Debit Credit 20 Jan 12 CashFICA Taxes PayablePayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseWages and Salaries Expense fill in the blank d5bc24fc7ffd00d 2 fill in the blank d5bc24fc7ffd00d 3 FICA Taxes Payable OASDIFUTA Taxes PayablePayroll Taxes ExpenseSUTA Taxes ExpenseWages and Salaries ExpenseFICA Taxes Payable OASDI fill in the blank d5bc24fc7ffd00d 5 fill in the blank d5bc24fc7ffd00d 6 FICA Taxes ExpenseFICA Taxes Payable HIPayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseFICA Taxes Payable HI fill in the blank d5bc24fc7ffd00d 8 fill in the blank d5bc24fc7ffd00d 9 CashEmployees FIT PayableFUTA Taxes PayableSUTA Taxes PayableWages and Salaries ExpenseEmployees FIT Payable fill in the blank d5bc24fc7ffd00d 11 fill in the blank d5bc24fc7ffd00d 12 Employees SIT PayableEmployees SUTA ExpenseGarnishment PayablePayroll Taxes ExpenseWages and Salaries ExpenseEmployees SIT Payable fill in the blank d5bc24fc7ffd00d 14 fill in the blank d5bc24fc7ffd00d 15 Employees SUTA ExpenseEmployees SUTA PayableGarnishment ExpensePayroll Taxes ExpenseWages and Salaries RevenueEmployees SUTA Payable fill in the blank d5bc24fc7ffd00d 17 fill in the blank d5bc24fc7ffd00d 18 Employees CIT PayableFICA Taxes ExpenseFUTA Taxes PayablePayroll Taxes PayableWages and Salaries ExpenseEmployees CIT Payable fill in the blank d5bc24fc7ffd00d 20 fill in the blank d5bc24fc7ffd00d 21 CashEmployees SUTA ExpenseSimple Deductions PayableFUTA Taxes PayableSUTA Taxes PayableSimple Deductions Payable fill in the blank d5bc24fc7ffd00d 23 fill in the blank d5bc24fc7ffd00d 24 CashEmployees SUTA ExpenseGroup Insurance Premiums CollectedFUTA Taxes PayableWages and Salaries ExpenseGroup Insurance Premiums Collected fill in the blank d5bc24fc7ffd00d 26 fill in the blank d5bc24fc7ffd00d 27 CashEmployees SUTA ExpenseHealth Insurance Premiums CollectedFUTA Taxes PayableWages and Salaries ExpenseHealth Insurance Premiums Collected fill in the blank d5bc24fc7ffd00d 29 fill in the blank d5bc24fc7ffd00d 30 Employees SUTA ExpenseSalaries PayableGarnishment ReceivableFUTA Taxes PayableWages and SalariesSalaries Payable fill in the blank d5bc24fc7ffd00d 32 fill in the blank d5bc24fc7ffd00d 33 To record payroll 20 Jan 12 Employees SIT PayableGarnishment ReceivablePayroll Taxes ExpenseSUTA Taxes PayableWages and SalariesPayroll Taxes Expense fill in the blank d5bc24fc7ffd00d 35 fill in the blank d5bc24fc7ffd00d 36 FICA Taxes ExpenseFICA Taxes Payable OASDIPayroll Taxes DistributableSUTA Taxes ExpenseWages and Salaries ExpenseFICA Taxes Payable OASDI fill in the blank d5bc24fc7ffd00d 38 fill in the blank d5bc24fc7ffd00d 39 FICA Taxes ExpenseFICA Taxes Expense HIFICA Taxes Payable HIPayroll Taxes ExpenseWages and SalariesFICA Taxes Payable HI fill in the blank d5bc24fc7ffd00d 41 fill in the blank d5bc24fc7ffd00d 42 Employees FIT PayableFICA Taxes ExpenseFUTA Taxes PayablePayroll Taxes ExpenseWages and Salaries ExpenseFUTA Taxes Payable fill in the blank d5bc24fc7ffd00d 44 fill in the blank d5bc24fc7ffd00d 45 Employees SIT PayableGarnishment ReceivablePayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseSUTA Taxes Payable fill in the blank d5bc24fc7ffd00d 47 fill in the blank d5bc24fc7ffd00d 48 To record payroll taxes

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Employee Benefits The table below lists the employee contributions to Group Insurance and Health Insurance. Also, a check number has been assigned to each employee.

Employee Benefits

The table below lists the employee contributions to Group Insurance and Health Insurance. Also, a check number has been assigned to each employee. Note that some employees are not yet eligible for Group Insurance coverage under the company plan.

KIPLEY COMPANY, INC. Insurance Deduction Register
Name	GRP. INS.	HEALTH INS.	CK. NO.
Carson, F.	$0.85	$1.65	313
Wilson, W.	0.85	1.65	314
Utley, H.	0.85	1.65	315
Fife, L.	0.85	1.65	316
Smith, L.		1.65	317
Fay, G.	0.85	1.65	318
Robey, G.	0.85	1.65	319
Schork, T.		1.65	320
Hardy, B.	0.85	1.65	321
Kipley, C.	0.85	1.65	322

Payroll Register

Question Content Area

Completing the Payroll Register

The Employee Payroll Register presents all the computations previously performed as it applies to this payroll period.

Complete the following steps (if a field should be blank, leave it blank):

Record the amount to be withheld for group insurance.
Record the amount to be withheld for health insurance.
Each worker is to be paid by check. Assign check numbers provided to the correct employee.
Compute the net pay for each employee.
Total the input columns.

KIPLEY COMPANY, INC. Payroll Register For Period Ending January 8, 20--
	EARNINGS	DEDUCTIONS									NET PAY
Name	Gross	OASDI	HI	FIT	SIT	SUTA	CIT	SIMPLE	Grp. Ins.	Health Ins.	Ck. No.	Amount
Carson, F.	$700.00	$43.40	$10.15	$48.00	$21.49	$0.42	$21.00	$20.00	$fill in the blank 47bb30f84fe0fcf_1	$fill in the blank 47bb30f84fe0fcf_2	fill in the blank 47bb30f84fe0fcf_3	$fill in the blank 47bb30f84fe0fcf_4
Wilson, W.	897.04	55.62	13.01	68.00	27.54	0.54	26.91	50.00	fill in the blank 47bb30f84fe0fcf_5	fill in the blank 47bb30f84fe0fcf_6	fill in the blank 47bb30f84fe0fcf_7	fill in the blank 47bb30f84fe0fcf_8
Utley, H.	678.75	42.08	9.84	14.00	20.84	0.41	20.36	40.00	fill in the blank 47bb30f84fe0fcf_9	fill in the blank 47bb30f84fe0fcf_10	fill in the blank 47bb30f84fe0fcf_11	fill in the blank 47bb30f84fe0fcf_12
Fife, L.	877.10	54.38	12.72	33.00	26.93	0.53	26.31	50.00	fill in the blank 47bb30f84fe0fcf_13	fill in the blank 47bb30f84fe0fcf_14	fill in the blank 47bb30f84fe0fcf_15	fill in the blank 47bb30f84fe0fcf_16
Smith, L.	790.00	48.98	11.46	59.00	24.25	0.47	23.70	20.00	fill in the blank 47bb30f84fe0fcf_17	fill in the blank 47bb30f84fe0fcf_18	fill in the blank 47bb30f84fe0fcf_19	fill in the blank 47bb30f84fe0fcf_20
Fay, G.	539.15	33.43	7.82	0.00	16.55	0.32	16.17	40.00	fill in the blank 47bb30f84fe0fcf_21	fill in the blank 47bb30f84fe0fcf_22	fill in the blank 47bb30f84fe0fcf_23	fill in the blank 47bb30f84fe0fcf_24
Robey, G.	623.08	38.63	9.03	7.00	19.13	0.37	18.69	50.00	fill in the blank 47bb30f84fe0fcf_25	fill in the blank 47bb30f84fe0fcf_26	fill in the blank 47bb30f84fe0fcf_27	fill in the blank 47bb30f84fe0fcf_28
Schork, T.	773.08	47.93	11.21	51.00	23.73	0.46	23.19	60.00	fill in the blank 47bb30f84fe0fcf_29	fill in the blank 47bb30f84fe0fcf_30	fill in the blank 47bb30f84fe0fcf_31	fill in the blank 47bb30f84fe0fcf_32
Hardy, B.	666.11	41.30	9.66	14.00	20.45	0.40	19.98	30.00	fill in the blank 47bb30f84fe0fcf_33	fill in the blank 47bb30f84fe0fcf_34	fill in the blank 47bb30f84fe0fcf_35	fill in the blank 47bb30f84fe0fcf_36
Kipley, C	1,000.00	62.00	14.50	43.00	30.70	0.60	30.00	80.00	fill in the blank 47bb30f84fe0fcf_37	fill in the blank 47bb30f84fe0fcf_38	fill in the blank 47bb30f84fe0fcf_39	fill in the blank 47bb30f84fe0fcf_40

Totals	$fill in the blank 47bb30f84fe0fcf_41	$467.75	$109.40	$337.00	$231.61	$4.52	$226.31	$440.00	$fill in the blank 47bb30f84fe0fcf_42	$fill in the blank 47bb30f84fe0fcf_43	----	$fill in the blank 47bb30f84fe0fcf_44

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Feedback

Partially correct

Taxable Earnings

Question Content Area

Taxable Earnings

The employer's taxes have been calculated on the Totals row of Taxable Earnings in Chapters 3 and 5 using the following rates:

Enter the Employer's total payroll taxes for the pay period ending January 8, 20--.


KIPLEY COMPANY, INC. Taxable Earnings Payroll Taxes
	Taxable Earnings	Payroll Taxes	OASDI	HI	FUTA	SUTA
Totals	$7,544.31	$fill in the blank 0ee16d00203cfb2_1	$467.75	$109.39	$45.27	$278.31

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Correct

Journal Entry: Recording Payroll

Question Content Area

Journal Entry: Recording Payroll

Complete the following:

Prepare the journal entries as of January 12 to record the payroll and the payroll taxes for the week ending January 8. Credit Salaries Payable for the total net pay.

Date	Account	Debit	Credit
20-- Jan. 12	CashFICA Taxes PayablePayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseWages and Salaries Expense	fill in the blank d5bc24fc7ffd00d_2	fill in the blank d5bc24fc7ffd00d_3
	FICA Taxes Payable-OASDIFUTA Taxes PayablePayroll Taxes ExpenseSUTA Taxes ExpenseWages and Salaries ExpenseFICA Taxes Payable-OASDI	fill in the blank d5bc24fc7ffd00d_5	fill in the blank d5bc24fc7ffd00d_6
	FICA Taxes ExpenseFICA Taxes Payable-HIPayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseFICA Taxes Payable-HI	fill in the blank d5bc24fc7ffd00d_8	fill in the blank d5bc24fc7ffd00d_9
	CashEmployees FIT PayableFUTA Taxes PayableSUTA Taxes PayableWages and Salaries ExpenseEmployees FIT Payable	fill in the blank d5bc24fc7ffd00d_11	fill in the blank d5bc24fc7ffd00d_12
	Employees SIT PayableEmployees SUTA ExpenseGarnishment PayablePayroll Taxes ExpenseWages and Salaries ExpenseEmployees SIT Payable	fill in the blank d5bc24fc7ffd00d_14	fill in the blank d5bc24fc7ffd00d_15
	Employees SUTA ExpenseEmployees SUTA PayableGarnishment ExpensePayroll Taxes ExpenseWages and Salaries RevenueEmployees SUTA Payable	fill in the blank d5bc24fc7ffd00d_17	fill in the blank d5bc24fc7ffd00d_18
	Employees CIT PayableFICA Taxes ExpenseFUTA Taxes PayablePayroll Taxes PayableWages and Salaries ExpenseEmployees CIT Payable	fill in the blank d5bc24fc7ffd00d_20	fill in the blank d5bc24fc7ffd00d_21
	CashEmployees SUTA ExpenseSimple Deductions PayableFUTA Taxes PayableSUTA Taxes PayableSimple Deductions Payable	fill in the blank d5bc24fc7ffd00d_23	fill in the blank d5bc24fc7ffd00d_24
	CashEmployees SUTA ExpenseGroup Insurance Premiums CollectedFUTA Taxes PayableWages and Salaries ExpenseGroup Insurance Premiums Collected	fill in the blank d5bc24fc7ffd00d_26	fill in the blank d5bc24fc7ffd00d_27
	CashEmployees SUTA ExpenseHealth Insurance Premiums CollectedFUTA Taxes PayableWages and Salaries ExpenseHealth Insurance Premiums Collected	fill in the blank d5bc24fc7ffd00d_29	fill in the blank d5bc24fc7ffd00d_30
	Employees SUTA ExpenseSalaries PayableGarnishment ReceivableFUTA Taxes PayableWages and SalariesSalaries Payable	fill in the blank d5bc24fc7ffd00d_32	fill in the blank d5bc24fc7ffd00d_33
	To record payroll.

20-- Jan. 12	Employees SIT PayableGarnishment ReceivablePayroll Taxes ExpenseSUTA Taxes PayableWages and SalariesPayroll Taxes Expense	fill in the blank d5bc24fc7ffd00d_35	fill in the blank d5bc24fc7ffd00d_36
	FICA Taxes ExpenseFICA Taxes Payable-OASDIPayroll Taxes DistributableSUTA Taxes ExpenseWages and Salaries ExpenseFICA Taxes Payable-OASDI	fill in the blank d5bc24fc7ffd00d_38	fill in the blank d5bc24fc7ffd00d_39
	FICA Taxes ExpenseFICA Taxes Expense-HIFICA Taxes Payable-HIPayroll Taxes ExpenseWages and SalariesFICA Taxes Payable-HI	fill in the blank d5bc24fc7ffd00d_41	fill in the blank d5bc24fc7ffd00d_42
	Employees FIT PayableFICA Taxes ExpenseFUTA Taxes PayablePayroll Taxes ExpenseWages and Salaries ExpenseFUTA Taxes Payable	fill in the blank d5bc24fc7ffd00d_44	fill in the blank d5bc24fc7ffd00d_45
	Employees SIT PayableGarnishment ReceivablePayroll Taxes ExpenseSUTA Taxes PayableWages and Salaries ExpenseSUTA Taxes Payable	fill in the blank d5bc24fc7ffd00d_47	fill in the blank d5bc24fc7ffd00d_48
	To record payroll taxes.