(figure 3)
(figure 3)
Wilisme Company pays its employees time-and-a-half for hours worked in excest of 40 per week. The information avaliable from time records and amployeer individuat eaming? records for the pay period anded 5 eptember 21 is shown in the following chart: bkent onithe first \$7,006, Required: 2. Complete the poyroll registar using the wage-brecket income tax withholding table in Figure 3. The Docial Socurity thx rate is 6.2 percent, pnd the Medicare cir tate is a.45 parcent. Abiume thet all employees are married. In the payroll register, begin payroil checks with No. 1863. If an amount is zero, enter "0\%, If required, round your intermadiate cafculatiant mid the final answers to the nearest cent and use the rounded answers in subsequent computations. reg ther, begin psyrali chacks with Nio: 1853. If an amount is zerp, enter " 0 ", If required, round your intermediate calculations and dod answers in sivbecuent computitions. Medicare tas rate it,1.45 percert? d your intermed que calculations and MS COMPANY NEEK ENDED September 21, 20-- CABLE EARNINGS 2. Prepare a ganeral journat entry to record the payroll. The fem's general ledger containe a Woges Eupense acesunt and a Wagea Payable account, Then atsuming that the fint hes Iabs4cuent cemputation: Eaven ALN-0 0000000000000000000000000000000000000000000000000000 of 00000000000000000000000000000000000000000000000000000000000 of Wiliams Company poys its employees time-and-a-baif for hours worked in excens of 40 per week. The informstion avelable from time nicords and emplayes' individusl esmings records fer the poy period ended September 21 is stiown in the following chart: taxabwe earnings for 5ocial securiby are based on the firat $116,500, Taxably earningu for Medicare are based on ail eamings. Taxable earnings for foderal and atate unemployment ace hased on the first $7,000 Requred: 2. Prepare a general journal entry to record the gaytoll. The firm's general ledger contens a Wages Expente account and a Wages Payable account, Then aswming that the firm bos WILLIAMS COMPANY PAYROLL REGISTER FOR WEEK ENDED September 21 , 20- assuming that the firm has he firm hop Iublequent compatations. Wilisme Company pays its employees time-and-a-half for hours worked in excest of 40 per week. The information avaliable from time records and amployeer individuat eaming? records for the pay period anded 5 eptember 21 is shown in the following chart: bkent onithe first \$7,006, Required: 2. Complete the poyroll registar using the wage-brecket income tax withholding table in Figure 3. The Docial Socurity thx rate is 6.2 percent, pnd the Medicare cir tate is a.45 parcent. Abiume thet all employees are married. In the payroll register, begin payroil checks with No. 1863. If an amount is zero, enter "0\%, If required, round your intermadiate cafculatiant mid the final answers to the nearest cent and use the rounded answers in subsequent computations. reg ther, begin psyrali chacks with Nio: 1853. If an amount is zerp, enter " 0 ", If required, round your intermediate calculations and dod answers in sivbecuent computitions. Medicare tas rate it,1.45 percert? d your intermed que calculations and MS COMPANY NEEK ENDED September 21, 20-- CABLE EARNINGS 2. Prepare a ganeral journat entry to record the payroll. The fem's general ledger containe a Woges Eupense acesunt and a Wagea Payable account, Then atsuming that the fint hes Iabs4cuent cemputation: Eaven ALN-0 0000000000000000000000000000000000000000000000000000 of 00000000000000000000000000000000000000000000000000000000000 of Wiliams Company poys its employees time-and-a-baif for hours worked in excens of 40 per week. The informstion avelable from time nicords and emplayes' individusl esmings records fer the poy period ended September 21 is stiown in the following chart: taxabwe earnings for 5ocial securiby are based on the firat $116,500, Taxably earningu for Medicare are based on ail eamings. Taxable earnings for foderal and atate unemployment ace hased on the first $7,000 Requred: 2. Prepare a general journal entry to record the gaytoll. The firm's general ledger contens a Wages Expente account and a Wages Payable account, Then aswming that the firm bos WILLIAMS COMPANY PAYROLL REGISTER FOR WEEK ENDED September 21 , 20- assuming that the firm has he firm hop Iublequent compatations
