Not sure if you have any documents already containing the answers for Payroll Project ACNT 1329, Brazosport College Cengage Now version 2023

Project Audit Test

Name ______________________________________

DECEMBER 18 PAYROLL: (As you complete your work, answer the following questions.)

Payroll Register

What is the amount of FIT withheld for Joseph T. O'Neill?blank 1

What is the total current net pay for all employees?blank 1

What is the total gross pay for all employees?blank 1

What is the taxable amount of Joseph T. O'Neill's gross pay for OASDI?blank 1

Journal

What is the amount of the credit to Cash for the deposit of FICA and FIT taxes on December 15?blank 1

What is the amount of the debit to Payroll Taxes?blank 1

What is the amount of the debit to Employees CIT Payable on December 15?blank 1

General Ledger

What is the Cash account balance?blank 1

What is the total amount of Plant Wages to date?blank 1

What is the total amount of Payroll Taxes to date?blank 1

Project Audit Test

Name ______________________________________

END-OF-YEAR ACTIVITIES

Journal

What is the amount of the deposit for Pennsylvania state income taxes withheld from the December 18 payroll?blank 1

What is the amount of FICA Taxes PayableOASDI deposited from the December payrolls?blank 1

What is the amount of the city of Philadelphia employees income tax deposited from the December payrolls?blank 1

What is the amount of FUTA Taxes Payable deposited for the quarter?blank 1

What is the amount of the credit to Cash for SUTA Taxes Payable for the fourth quarter?blank 1

Payroll Adjusting Entries

What is the amount of the credit to Salaries and Wages Payable for the December 31 adjusting entry?blank 1

What is the amount of the debit to Vacation Benefits Expense for the December 31 adjusting entry?blank 1

Calculations

What is the total payroll tax expense incurred by the employer on salaries and wages paid during the quarter ended December 31?blank 1

What is the total payroll tax expense incurred by the employer on the total earnings of Joseph T. O'Neill during the fourth quarter?blank 1

O'Neill has decided to give all current employees (excluding himself) a bonus payment during January equal to 5% of their total gross pay for last year. What is the total of this bonus payment?blank 1

Not sure if you have any documents already containing the answers for Payroll Project ACNT 1329, Brazosport College Cengage Now