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I did try before posting, I have the account titles correct and most of ben, jack, and sues amounts already too. Please help with Rita's
I did try before posting, I have the account titles correct and most of ben, jack, and sues amounts already too. Please help with Rita's still and totals.
Problem 11-03A a-d Bonita Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2020, are presented below. Hours Worked Hourly Rate Federal Income Tax Withholdings $? United Fund $5 5 40 Employee Ben Abel Rita Hager Jack Never Sue Perez $15 42 16 44 60 13 13 8 5 46 61 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7.65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.8%. 9 10 Prepare a payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) MARRIED Persons - WEEKLY Payroll Period (For Wages Paid through December 2017) If the wages are - And the number of withholding allowances claimed is But less At least 1 2 3 5 7 8 than The amount of income tax to be withheld is - 500 510 24 27 19 11 510 520 35 28 20 12 5 520 530 37 29 21 13 530 540 38 30 22 14 7 540 550 40 31 23 15 8 4 | no | | 550 41 32 9 16 17 43 33 560 570 580 560 570 580 590 600 44 34 24 25 26 27 28 10 11 12 13 18 19 20 n 46 47 35 36 590 600 49 21 14 29 30 610 610 620 630 640 650 50 52 38 39 41 42 15 15 620 22 23 24 31 32 7 8 9 630 17 53 55 640 44 33 25 18 0 650 45 34 25 11 660 670 680 47 660 670 680 12 56 58 59 61 62 48 19 20 21 22 23 35 37 38 40 13 27 28 29 30 14 690 700 50 51 7 8 690 15 BONITA HARDWARE Payroll Register For the Week Ending March 15, 2020 Deductions Federal Income Tax State Income Tax Earnings Overtime Employee Hours Regular Gross Pay FICA United Fund Total Net Pay Salaries and Wages Expense Ben Abel 40 5 5 s S S s Rita Hager 42 Jack Never 44 Sue Perez 46 Totals SHOW LIST OF ACCOUNTS LINK TO TEXT Journalize the payroll on March 15, 2020, and the accrual of employer payroll taxes. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent Journalize the payroll on March 15, 2020, and the accrual of employer payroll taxes. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Mar. 15 (To record payroll) Mar. 15 (To record accrual of payroll taxes.) Journalize the payment of the payroll on March 16, 2020. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Mar. 16 SHOW LIST OF ACCOUNTS LINK TO TEXT Journalize the deposit in a Federal Reserve bank on March 31, 2020, of the FICA and federal income taxes payable to the government. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXTStep by Step Solution
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