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Hours Hourly Weekly Federal Retirements Employee Worked Rate Salary Income Tax Savings Aaron 46 $44 $495.88 $90 Cobb 41 38 339.06 85 Clemente 43 46

Hours Hourly Weekly Federal Retirements
Employee Worked Rate Salary Income Tax Savings
Aaron 46 $44 $495.88 $90
Cobb 41 38 339.06 85
Clemente 43 46 388.93 80
DiMaggio 34 32 228.48 65
Griffey, Jr. 48 40 436.80 40
Mantle $2,260 542.40 110
Robinson 38 28 159.60 60
Williams 2,530 556.60 35
Vaughn 44 36 331.20 70

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.

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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 46 $fill in the blank f2f91c003fc8040_1 $fill in the blank f2f91c003fc8040_2 $fill in the blank f2f91c003fc8040_3 $fill in the blank f2f91c003fc8040_4 $fill in the blank f2f91c003fc8040_5 $495.88 $90 $fill in the blank f2f91c003fc8040_6 $fill in the blank f2f91c003fc8040_7 901 $fill in the blank f2f91c003fc8040_8
Cobb 41 fill in the blank f2f91c003fc8040_9 fill in the blank f2f91c003fc8040_10 fill in the blank f2f91c003fc8040_11 fill in the blank f2f91c003fc8040_12 fill in the blank f2f91c003fc8040_13 339.06 85 fill in the blank f2f91c003fc8040_14 fill in the blank f2f91c003fc8040_15 902 fill in the blank f2f91c003fc8040_16
Clemente 43 fill in the blank f2f91c003fc8040_17 fill in the blank f2f91c003fc8040_18 fill in the blank f2f91c003fc8040_19 fill in the blank f2f91c003fc8040_20 fill in the blank f2f91c003fc8040_21 388.93 80 fill in the blank f2f91c003fc8040_22 fill in the blank f2f91c003fc8040_23 903 fill in the blank f2f91c003fc8040_24
DiMaggio 34 fill in the blank f2f91c003fc8040_25 fill in the blank f2f91c003fc8040_26 fill in the blank f2f91c003fc8040_27 fill in the blank f2f91c003fc8040_28 228.48 65 fill in the blank f2f91c003fc8040_29 fill in the blank f2f91c003fc8040_30 904 fill in the blank f2f91c003fc8040_31
Griffey, Jr. 48 fill in the blank f2f91c003fc8040_32 fill in the blank f2f91c003fc8040_33 fill in the blank f2f91c003fc8040_34 fill in the blank f2f91c003fc8040_35 fill in the blank f2f91c003fc8040_36 436.80 40 fill in the blank f2f91c003fc8040_37 fill in the blank f2f91c003fc8040_38 905 fill in the blank f2f91c003fc8040_39
Mantle fill in the blank f2f91c003fc8040_40 fill in the blank f2f91c003fc8040_41 fill in the blank f2f91c003fc8040_42 542.40 110 fill in the blank f2f91c003fc8040_43 fill in the blank f2f91c003fc8040_44 906 $fill in the blank f2f91c003fc8040_45
Robinson 38 fill in the blank f2f91c003fc8040_46 fill in the blank f2f91c003fc8040_47 fill in the blank f2f91c003fc8040_48 fill in the blank f2f91c003fc8040_49 159.60 60 fill in the blank f2f91c003fc8040_50 fill in the blank f2f91c003fc8040_51 907 fill in the blank f2f91c003fc8040_52
Williams fill in the blank f2f91c003fc8040_53 fill in the blank f2f91c003fc8040_54 fill in the blank f2f91c003fc8040_55 556.60 35 fill in the blank f2f91c003fc8040_56 fill in the blank f2f91c003fc8040_57 908 fill in the blank f2f91c003fc8040_58
Vaughn 44 fill in the blank f2f91c003fc8040_59 fill in the blank f2f91c003fc8040_60 fill in the blank f2f91c003fc8040_61 fill in the blank f2f91c003fc8040_62 fill in the blank f2f91c003fc8040_63 331.20 70 fill in the blank f2f91c003fc8040_64 fill in the blank f2f91c003fc8040_65 909 fill in the blank f2f91c003fc8040_66
Totals $fill in the blank f2f91c003fc8040_67 $fill in the blank f2f91c003fc8040_68 $fill in the blank f2f91c003fc8040_69 $fill in the blank f2f91c003fc8040_70 $fill in the blank f2f91c003fc8040_71 $fill in the blank f2f91c003fc8040_72 $fill in the blank f2f91c003fc8040_73 $fill in the blank f2f91c003fc8040_74 $fill in the blank f2f91c003fc8040_75 $fill in the blank f2f91c003fc8040_76 $fill in the blank f2f91c003fc8040_77

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Gross earnings reflects the total amount an employee has earned during a specific pay period before taxes and deductions. Net pay is the total earnings minus the withholdings and deductions. Remember that expenses are classified as either selling or administrative based on the purpose of the expense.

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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.

Medicare Tax ExpenseRetirement Savings Deductions PayableSalaries PayableSales Salaries ExpenseSocial Security Tax Payable

- Select - - Select -

Medicare Tax ExpenseOffice Salaries ExpenseRetirement Savings Deductions PayableSalaries PayableSocial Security Tax Payable

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CashOffice Salaries ExpenseSales Salaries ExpenseSocial Security Tax ExpenseSocial Security Tax Payable

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CashMedicare Tax ExpenseMedicare Tax PayableOffice Salaries ExpenseSales Salaries Expense

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CashEmployees Federal Income Tax ExpenseEmployees Federal Income Tax PayableOffice Salaries ExpenseSales Salaries Expense

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Bond Deductions PayableCashOffice Salaries ExpenseRetirement Savings Deductions PayableSales Salaries Expense

- Select - - Select -

Accounts ReceivableCashOffice Salaries ExpenseSalaries PayableSales Salaries Expense

- Select - - Select -

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