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Instructions Employee Benefits Payroll Register Taxable Earnings Journal En Instructions Continuing Payroll Problem, 6A: Chapter 6 You have almost completed the Kipley Company's Employee
Instructions Employee Benefits Payroll Register Taxable Earnings Journal En Instructions Continuing Payroll Problem, 6A: Chapter 6 You have almost completed the Kipley Company's Employee Payroll Register for the pay period ending January 8, 20--. In this last task, the following steps will be completed. Requirements: 1. Record the deduction for group insurance. 2. Record the health insurance deduction. 3. Record the check number assigned to each employee. 4. Compute and record the net pay for each employee. 5. Total the input columns on the Employee Payroll register. 6. On Employer Register, enter total gross earnings. 7. Prepare the journal entries as of January 12 to record the payroll and the payroll taxes for the week ending January 8. Credit Salaries Payable for the total net pay. 8. Prepare the journal entry to record the payment of the payroll on January 14 when the paychecks are distributed to all workers.
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