I am $182.10 Off and I am not sure what deduction Item i am missing.

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7-3d October 23

LO 1

• No. 3

Prepare the payroll for the last pay period of October from Time Clerks Report Nos. 40 and 41.

The proper procedure in recording the payroll follows:

Complete the payroll register.

In as much as only a portion of the payroll register sheet was used in recording the October 9 payroll, the October 23 payroll should be recorded on the same sheet to save space. On the first blank ruled line after the October 9 payroll, insert Payday October 23For Period Ending October 17, 20--. On the following lines, record the payroll information for the last pay date of October. When recording succeeding payrolls, continue to conserve space by recording two payrolls on each separate payroll register sheet.

Project Audit Test

Net Paid $12,494.94

The workers in the plant (Bonno and Ryan) are paid time and a half for any hours worked over eight each workday and for work on Saturdays and are paid twice the regular hourly rate for work on Sundays or holidays.

Even though they are not on the time clerks report, remember to pay the president, sales manager, sales representatives, and supervisors.

With this pay period, the cumulative earnings of several employees exceed the taxable income base set up by FUTA and SUTA. This factor must be considered in preparing the payroll register and in computing the employers payroll taxes. Refer to each employees earnings record to see the amount of cumulative earnings.

Pay Points

The employees Pennsylvania State Unemployment Tax (SUTA) is calculated (0.0006) on the total wages of each employee. There is no taxable wage limit on the employees portion of the tax.

Pay Points

Be sure to deduct 30 premium for each $1,000 of group insurance carried by each employee (last payday of each month).