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FIL-32 End of Chapter: Current Liabilities and Payroll Stream Company nau the roowing partiany competed payrou register. Earnings Beginning Current Ending Cumulative Period Cumulative Withholdings
FIL-32 End of Chapter: Current Liabilities and Payroll Stream Company nau the roowing partiany competed payrou register. Earnings Beginning Current Ending Cumulative Period Cumulative Withholdings Salaries Earnings Earnings Earnings OASDI Medicare Income Tax $ 79,000 $4,200 Health United Total Net Check and Wages Expense Insurance Way Withholdings Pay No. $1,600 $84 $5 801 125,000 7,200 1,800 144 40 802 56.000 3,900 1,560 78 803 $1,500 4,700 1,175 94 20 804 1,000 $322,500 $21,000 250 $6,465 20 805 $420 $65 Requirements 1. Complete the payroll register. Round to two decimals. 2. Journalize Stream Company's salaries and wages expense accrual for the current pay period. 1. Complete the payroll register. Round to two decimals. 2. Journalize Stream Company's salaries and wages expense accrual for the current pay period. 2. Salaries & Wages Payable $12,462.10 3. Journalize Stream Company's expenses for employer payroll taxes for the current pay period. 4. Journalize the payment to employees. 5. Journalize the payment for withholdings and employer payroll taxes. Stream Company had the following partially completed payroll register: Earnings Beginning Current Ending Cumulative Period Cumulative Withholdings Salaries Income Earnings Earnings Earnings OASDI Medicare Tax Health United Insurance Total Net Check and Wages No. Way Withholdings Pay Expense $ 79,000 $4,200 $ 1,680 $ 84 $5 801 126,000 7,200 56,000 3,900 61,500 4,700 p 1,000 5 322.500 $21,000 1,800 144 40 802 1,560 78 803 1,175 94 20 804 250 20 0 805 $6,465 $420 $65 Requirements
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