Margaret Strand’s regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January pay period, Margaret works 45 hours. Margaret’s federal income tax withholding is $91.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%.

Prepare the employer’s journal entries to record (a) Margaret’s pay for the period and (b) the payment of Margaret’s wages. Use January 15 for the end of the pay period and the payment date.

No.	Date	Account Titles and Explanation	Debit	Credit
(a)	Jan. 15	enter an account title to record Betsy's pay for the period on January 15	enter a debit amount	enter a credit amount
		enter an account title to record Betsy's pay for the period on January 15	enter a debit amount	enter a credit amount
		enter an account title to record Betsy's pay for the period on January 15	enter a debit amount	enter a credit amount
		enter an account title to record Betsy's pay for the period on January 15	enter a debit amount	enter a credit amount
(b)	Jan. 15	enter an account title to record the payment of Betsy's wages on January 15	enter a debit amount	enter a credit amount
		enter an account title to record the payment of Betsy's wages on January 15	enter a debit amount	enter a credit amount