One-month Project -- The project focuses on Ellipses Corporation which begins on Page 226. You will complete payroll-related tasks for the month of December and will then finalize year-end reporting. All forms and documents needed for this problem are located under Handouts/Chapter 7 Final Payroll Project Documents. Please printout the rubric for this project as it will assist you on what I will be grading and help to make sure you have completed all parts. After completing the project, you will upload all your files through the STInet coursework page. Read pages 226 -229. These pages will give you information regarding the payroll records and general information regarding the companys employees as well as what needs to be done.

Complete the employee earnings records for the month of December for each of the four employees. Earnings records are located in the Final Project Template worksheet. Record the necessary journal entries for each pay period. Locate the journal in the Final Project Template worksheet.

One-Month Project templates needed to complete these exercises are incluaxded in the Student Exercise r or this course Pa Herndon, VA 20170. Its federal Employer Identification Number lsr a is president, who si all tax forms, is John Parker (telephone 9571 5550073). The company does not wish to name a third designee on forms peric 1st q 2nd q 3rd q s a small business that operates in Herndon, VA. The company is located at 10 party During 201 7 four individuals are employed by Ellpes Corp These employes are as follows Social securityA Federal W/H State WH Marital Allowances Allowances Status Parker Cranston 85 Southern Road Herndon, VA 20170 7-77-7777 4 444-44-4444 1 333-33-3333 2 Allison Harrison 203A Pine Court Married Allise Herndon, VA 20170 John Parker Single 212 Tradition Lane Hemdon, VA 20170 Pierre Sternberg 41 Seward Boulevard 1st q 2nd ard c octa Herndon, VA 20170 Note that Pierre Sternberg was hired in November, and his first day of work was Monday, November 27 Additionally, due to an economic downturn, Allison Harrison was laid off in mid-December, with her last day of work on Friday, December 15 All employees of Ellipses Corp,work a regular 40-hour workweek (thus all hours worked over 40 in a given week are overtime hours), receive overtime pay at a rate of 1.5 times the regular wage rate, and are paid weekly on Friday for the current week (which runs from Saturday through Friday, although employees never work on weekends). The SUTA tax rate applicable to Ellipses Corp. is 3.1%, while the SUTA wage base in Virginia is Johr Earnings and voluntary deduction information for each of the four employees is as follows. Regular Annual Weekly 401(k) Weekly Charitable Wage Rate Salary ist a 2nd 3rd Deduction 6%Of gross pay % of gross pay Contribution Parker Cranston $15/hour Allison Harrison $23/hour ohn Parker Pierre Stemberg N/A N/A N/A Iss N/A 203,000.20 N/A $20 One-Month Project templates needed to complete these exercises are incluaxded in the Student Exercise r or this course Pa Herndon, VA 20170. Its federal Employer Identification Number lsr a is president, who si all tax forms, is John Parker (telephone 9571 5550073). The company does not wish to name a third designee on forms peric 1st q 2nd q 3rd q s a small business that operates in Herndon, VA. The company is located at 10 party During 201 7 four individuals are employed by Ellpes Corp These employes are as follows Social securityA Federal W/H State WH Marital Allowances Allowances Status Parker Cranston 85 Southern Road Herndon, VA 20170 7-77-7777 4 444-44-4444 1 333-33-3333 2 Allison Harrison 203A Pine Court Married Allise Herndon, VA 20170 John Parker Single 212 Tradition Lane Hemdon, VA 20170 Pierre Sternberg 41 Seward Boulevard 1st q 2nd ard c octa Herndon, VA 20170 Note that Pierre Sternberg was hired in November, and his first day of work was Monday, November 27 Additionally, due to an economic downturn, Allison Harrison was laid off in mid-December, with her last day of work on Friday, December 15 All employees of Ellipses Corp,work a regular 40-hour workweek (thus all hours worked over 40 in a given week are overtime hours), receive overtime pay at a rate of 1.5 times the regular wage rate, and are paid weekly on Friday for the current week (which runs from Saturday through Friday, although employees never work on weekends). The SUTA tax rate applicable to Ellipses Corp. is 3.1%, while the SUTA wage base in Virginia is Johr Earnings and voluntary deduction information for each of the four employees is as follows. Regular Annual Weekly 401(k) Weekly Charitable Wage Rate Salary ist a 2nd 3rd Deduction 6%Of gross pay % of gross pay Contribution Parker Cranston $15/hour Allison Harrison $23/hour ohn Parker Pierre Stemberg N/A N/A N/A Iss N/A 203,000.20 N/A $20