Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Na Chapter 5 & 6 Payroll Test The Bodyworks Workout Spa pays employees and half for hours in excess of 40 hours per week Employees

image text in transcribed
image text in transcribed
Na Chapter 5 & 6 Payroll Test The Bodyworks Workout Spa pays employees and half for hours in excess of 40 hours per week Employees are paid every Friday. The following information is from the payrol register for December 27 Postpay period of is calendarar Complete the following payrol registering the wage tax bracket tables given in care to calculate FIT assume the Spate is 62% on the first $127.200 of wages and Medicare at a rate of 1.45% on al wages The employer has a federal unemployment rate of 0.0% and state unemployment of 6.4% on the i57000 wages Prepare journal entries to record the employee's payroll for the week, AND e entry to record the employer's taxably Deduction Regular WH Pay Stais ARM M 4 2850 pa Worked Overtime Pay Total Pay Ending Curian Social Farming Security Unemploy Beginning Cumulative Earnings 127.000 58.841 Fod WH Name Tyler Amanda Social Total Security Medicare Deductions Net Pay 45 19 1250 40 Nicole M 2725 42 2.150 Totals Taste Wages Rad Employers Lisbiy x 0.009 X Employers PUTA Tres Employers SUTAT Employers as Employers Media Teas X 5.40% 6 20% 145 X Dale Oeneral Journal Description Debat Crede Date Description Debit Cred Records Employee's Party Hare gespensa) Sun 5:22 umbers File Edit Insert Table Organize Format Arrange View Share Window Help Payroll test journal entries Foto View Zoon Table Add Category Chart Text Celebrate Share Mi Comment Sheer N D P B E Name Chapter 5 & Payroll Text 2 3 4 The Body Workout Spa pays employees time and half for all hours in cons of 40 hours per week Employees are paid every Friday. The flowing information is trom the payrol register for December 27, the pay period of the calendar year Complete the following payrol registering the wage tax bracket is given in carvas to calculate it and assume the rate is 124 on the first $127.200 wages and Medicare atrof 14% on al was The employer has a federal unemployment of 08% and the unemployment of 5.4% on the first 57000 of wages Prepare journal entries to record the employee's payroll for the week. AND the entry to record the employer's tax by 8 9 10 Gaming Taarings Deductions Regula Pay Overtime Pay Total Pay Ending Curve Social Famingo Security Uromley Fed WH Hours Woned 46 Social Total Security Medicare Deductions Not Pay Name Tyler Amanda Nicole Total WH Pay Status All Rate M 4250 5 12.30 M 2 7.25 Beginning Curritanth Eamins 127.000 5.41 2,150 40 42 Table W Employer's ability Rate 00 X X 3409 Employers PUTA TX Employers BUTAT Employers as Employers Medicare Taxes X X 1459 23 General Journal Description Dale Credit Det Debit Description Cret 14 10 20 27 10 11 Na Chapter 5 & 6 Payroll Test The Bodyworks Workout Spa pays employees and half for hours in excess of 40 hours per week Employees are paid every Friday. The following information is from the payrol register for December 27 Postpay period of is calendarar Complete the following payrol registering the wage tax bracket tables given in care to calculate FIT assume the Spate is 62% on the first $127.200 of wages and Medicare at a rate of 1.45% on al wages The employer has a federal unemployment rate of 0.0% and state unemployment of 6.4% on the i57000 wages Prepare journal entries to record the employee's payroll for the week, AND e entry to record the employer's taxably Deduction Regular WH Pay Stais ARM M 4 2850 pa Worked Overtime Pay Total Pay Ending Curian Social Farming Security Unemploy Beginning Cumulative Earnings 127.000 58.841 Fod WH Name Tyler Amanda Social Total Security Medicare Deductions Net Pay 45 19 1250 40 Nicole M 2725 42 2.150 Totals Taste Wages Rad Employers Lisbiy x 0.009 X Employers PUTA Tres Employers SUTAT Employers as Employers Media Teas X 5.40% 6 20% 145 X Dale Oeneral Journal Description Debat Crede Date Description Debit Cred Records Employee's Party Hare gespensa) Sun 5:22 umbers File Edit Insert Table Organize Format Arrange View Share Window Help Payroll test journal entries Foto View Zoon Table Add Category Chart Text Celebrate Share Mi Comment Sheer N D P B E Name Chapter 5 & Payroll Text 2 3 4 The Body Workout Spa pays employees time and half for all hours in cons of 40 hours per week Employees are paid every Friday. The flowing information is trom the payrol register for December 27, the pay period of the calendar year Complete the following payrol registering the wage tax bracket is given in carvas to calculate it and assume the rate is 124 on the first $127.200 wages and Medicare atrof 14% on al was The employer has a federal unemployment of 08% and the unemployment of 5.4% on the first 57000 of wages Prepare journal entries to record the employee's payroll for the week. AND the entry to record the employer's tax by 8 9 10 Gaming Taarings Deductions Regula Pay Overtime Pay Total Pay Ending Curve Social Famingo Security Uromley Fed WH Hours Woned 46 Social Total Security Medicare Deductions Not Pay Name Tyler Amanda Nicole Total WH Pay Status All Rate M 4250 5 12.30 M 2 7.25 Beginning Curritanth Eamins 127.000 5.41 2,150 40 42 Table W Employer's ability Rate 00 X X 3409 Employers PUTA TX Employers BUTAT Employers as Employers Medicare Taxes X X 1459 23 General Journal Description Dale Credit Det Debit Description Cret 14 10 20 27 10 11

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

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

9781284081015