https://ng.cengage.com/static/nb/ui/evo/index.html?snapshotId=1449647&id=633645281&eISBN=9780357117262 Chapter 7

OCTOBER 23 PAYROLL:(As you complete your work, answer the following questions for the October 15 through October 23 payroll.)

Payroll Register

1. What is the gross pay for Anthony V. Bonno?
2. What is the amount of OASDI withheld for Catherine L. Ford?
3. What is the total net pay for all employees?
4. What is the total amount of group insurance withheld for all employees?

Journal

1. What is the amount of the credit to Employees FIT Payable?
2. What is the amount of the debit to Payroll Taxes?
3. What is the amount of the credit to SUTA Taxes PayableEmployer?
4. What is the amount of the debit to Employees SIT Payable on October 20?

General Ledger

1. What is the balance of FICA Taxes PayableOASDI?
2. What is the balance of Union Dues withheld for the employees?

NOVEMBER 6 PAYROLL:(As you complete your work, answer the following questions for the November 4 through November 6 payroll.)

Payroll Register

1. What is the amount of FIT withheld for Joseph T. O'Neill?
2. What is the total gross pay for all employees?
3. What is the total amount of CIT withheld for all employees?
4. What is the total net pay for all employees?

Journal

1. What is the amount of the credit to FICA Taxes PayableOASDI for employees?
2. What is the amount of the credit to FICA Taxes PayableHI for employees?
3. What is the amount of the debit to Payroll Taxes?
4. What is the amount of the debit to Employees SIT Payable on November 4?

General Ledger

1. What is the balance in the Cash (account number 11) account?
2. What is the amount of Sales Salaries paid to date?

NOVEMBER 13 PAYROLL:(As you complete your work, answer the following questions for the November 4 through the special November 13 payroll.)

Payroll Register

1. What is the amount of FIT withheld for Ruth V. Williams?
2. What is Ruth V. Williams' current net pay
3. What is the amount of CIT withheld for Ruth V. Williams?
4. What is Ruth V. Williams' marital status?

Journal

1. What is the amount of Ruth V. Williams' Group Insurance withheld?
2. What is the amount of the debit to Payroll Taxes?

General Ledger

1. What is the total amount of Payroll Taxes (account number 56) to date?
2. What is the balance in the FICA Taxes PayableHI account?
3. What is the balance in the Cash Account?
4. What is the balance in the Employees FIT Payable account?

NOVEMBER 20 PAYROLL:(As you complete your work, answer the following questions for the November 16 through November 20 payroll.)

Payroll Register

1. What is the amount of FIT withheld for Dewey W. Mann?
2. What is the total amount of SUTA withheld this period for all employees?
3. What is the total gross pay for all employees?

Journal

1. What is the November 16 credit to Cash for the deposit of FICA & FIT taxes?
2. What is the amount of the debit to Payroll Taxes?
3. What is the November 16 debit to Employees CIT Payable?

General Ledger

1. What is the balance of Employees SIT Payable?
2. What is the amount of Office Salaries paid to date?
3. What is the balance of Simple Contributions Payable?
4. What is the Cash account balance?

DECEMBER 4 PAYROLL:(As you complete your work, answer the following questions for the December 3 and December 4 payroll.)

Payroll Register

1. What is the net pay for Joseph T. O'Neill?
2. What is the amount of OASDI withheld for Norman A. Ryan?
3. What is the total net pay for all employees?
4. What is the total CIT withheld for all employees?

Journal

1. What is the amount of the debit to Employees SIT Payable on December 3?
2. What is the amount of the credit to Employees FIT Payable?
3. What is the amount of the debit to Payroll Taxes?

General Ledger

1. What is the balance of SUTA Taxes PayableEmployer?
2. What is the balance of Employees CIT Payable?
3. What is the Cash account balance?

DECEMBER 14 PAYROLL:(As you complete your work, answer the following questions for the December 9 and December 14 payroll.)

Payroll Register

1. What is the amount of FIT withheld for Virginia A. Russell?
2. What is the amount of net pay received by Virginia A. Russell's estate?
3. How many withholding allowances did Virginia A. Russell claim?

Journal

1. What is the amount of the debit to Union Dues Payable on December 9?
2. What is the amount of the debit to Payroll Cash?
3. What is the amount of the credit to Employees SUTA Payable?

General Ledger

1. What is the amount that was credited to Group Insurance Premiums Collected (account number 27) during this period?
2. What is the amount paid for office salaries to date?
3. What is the balance of FICA Taxes PayableOASDI?
4. What is the balance of Payroll Taxes?

DECEMBER 18 PAYROLL:(As you complete your work, answer the following questions for the December 15 through December 18 payroll.)

Payroll Register

1. What is the amount of FIT withheld for Joseph T. O'Neill?
2. What is the total current net pay for all employees?
3. What is the total gross pay for all employees?
4. What is the taxable amount of Joseph T. O'Neill's gross pay for OASDI?

Journal

1. What is the amount of the credit to cash for FICA and FIT taxes on December 15?
2. What is the amount of the debit to Payroll Taxes?
3. What is the amount of the debit to Employees CIT Payable on December 15?

General Ledger

1. What is the balance in the Cash account?
2. What is the total amount of Plant Wages to date?
3. What is the total amount of Payroll Taxes to date?

1. What is the amount of the deposit for Pennsylvania state income taxes withheld from the December 18 payroll?
2. What is the amount of FICA Taxes PayableOASDI deposited from the December payrolls?
3. What is the amount of the city of Philadelphia employees income tax deposited from the December payrolls?
4. What is the amount of FUTA Taxes Payable deposited for the quarter?
5. What is the amount of the credit to cash for SUTA Taxes Payable on February 1?

Payroll Adjusting Entries

1. What is the amount of the credit to Salaries and Wages Payable for the December 31 adjusting entry?
2. What is the amount of the debit to Vacation Benefits Expense for the December 31 adjusting entry?

Calculations

1. What is the total Payroll Tax Expense incurred by the employer on salaries and wages paid during the quarter ended December 31?
2. What is the total Payroll Tax Expense incurred by the employer on the total earnings of Joseph T. O'Neill during the fourth quarter?
3. O'Neill has decided to give all current employees (excluding himself) a bonus payment during January equal to 5% of their gross pay for last year. What is the total of this bonus payment?