Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

I am having trouble figure out why there are 2 journal entries for this problem. Can someone explain this to me? Attached is a portion

I am having trouble figure out why there are 2 journal entries for this problem. Can someone explain this to me? Attached is a portion of the assignment

  1. Record the necessary journal entries for each pay period. Remember you have 2 entries each time.

image text in transcribedimage text in transcribed
\fB [ | D E F H K` M N Q] RX Payroll Register Pay Period 12 / 7 / 2018 4 Pay Date 12 / 14/ 2018 Deductions 4 Earning 5\\ Employee Regular* Regular Regular Overtime\\ Overtime\\ QVErtime Total FUNT SIT Social Hours Rate Rate Earnings* Security* Medicare* Check Name Earnings \\Vol . With . Net Pay Earnings Hours Number Cranston , H 40. 0.0 15. 00 GOO. DO 18.00 28. 20 37 . 20 8. 70 41. 00 752 155. 90 10 Harrison , A 37. 00 23. 00 8:51. 00 851 . 27.00 40. 42 52. 75 12. 3.4 47.55 753 570. 93 11 Parker , ] 5 3, 903. 85 $:903. 85 8:48. 85 195. 15 0.00 56. 51 20.00 764 2, 783. 23| 12 Sternberg , P 5 2, 153. 85 21.53. 85 228.54 105. 52 133.54 3:1 . 23 21.54 75.5 1 , 53/1 . 98| 13 14 15 15 Totals :` 7508. 70 7508. 70 7508. 70 1 122. 80 370. 35 223.50| 108 . 83 130. 05 5, 553. 014| 18

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental Accounting Principles Volume II

Authors: Larson Kermit, Jensen Tilly

14th Canadian Edition

71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511

Students also viewed these Accounting questions