Payroll Accounting Bieg/Toland 2019 edition

CHAPTER 7 PROJECT

NOVEMBER 6 PAYROLL

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

2.What is the total gross pay for all employees?

3.What is the total amount of CIT withheld for all employees?

4.What is the total net pay for all employees?

5.What is the amount of the credit to FICA Taxes PayableOASDI for employees?

6.What is the amount of the credit to FICA Taxes PayableHI for employees?

7.What is the amount of the debit to Payroll Taxes?

8.What is the amount of the debit to Employees SIT Payable on November 4?

9.What is the amount of Sales Salaries paid to date?

Time Clerk's Report No. 42 For the Week Ending Odtober 24, 20 Time Record Time Time S M T W TF S Worked Lost 40 hrs. 40 hrs.... 38 hrs. 2 hrs. 40 hrs.'... 36 hrs... 39 hrs. 1 hr* Bonno, A. V... Russell, V. A. Ryan, N. A. Student.. Williams, R. V Time lost on account of family function; deduct 2 hours' pay. Time lost because of tardiness; deduct 1 hour's pay. Time Clerk's Report No. 43 For the Week Ending October 31, 20 Time Record Time Time Employee S M T W TF S WLost Bonno, A.Vv Ford, C. L. Russell, V. A. Ryan, N. A. Student Williams, R. V 40 hrs. 40 hrs... 40 hrs.. 40 hrs. 36 hrs. 40 hrs. Book Air NAME-LAST WORKS IN ISTATE SA ACCOUNT NO OCCUPATION Victor 000-00-3481 PA Mixer Plant STATUS HOURLY RATE OVERTIME RATE $8 each S 55,000-30e/M NET PAID CUMULATME OTHERCK. 6 80 96 1.64 30 13 2 2 0293 YEAR TO-DATE SS. ACCOUNT NO WORKS IN (STATE Claude FERGUSON Sales Manager PA Sales STATUS 25.00. WEEKLY RATE HOURLY RATE OVERTIME RATE 88,000-30e/M NET PAND CUMULATINE OTHER CKAMOUNT DEDUCTIONS NO 3 2 30 73 0910 73 18 1 2 90 231 2 5 00 14 3 3 75 33 5 31 229 253 7 5 00 13 9 50 3 2 63 1 0 388 89972 8 754 0 994 6 9 231 2 5 00 22 5 0 00 10/9 YEARLY SS ACCOUNT NO WORKS IN (STATE M F FORD X 000-00-4567 PA Executive Secretary Office 610.00 WEEKLY RATE HOURLY RATES OVERTIME RATE $48,000-30e/M NET PAID REGULAR EARNINGS RS RATE AMOUNTHRS RATE AMOUNT 469 8 95 74 9 5 6 02 3 7 80 63010100-39.60. -9. 1135. 6.39 75 2 0 00 7 5 64176985 3 78 24511 0 737 47 19 3 41 63 0 000 122 0 YEAR TO-DATE 10/9 80 NAME-LAST WORKS IN (STATE Wilson MANN 000-00-9352 PA Sales R WEEKLY RATE675.00 HOURLY RATE OVERTIME RATE $53,000 30e/M OVERTIME EARNINGS REGULAR EARNINGS CK RAT AMOUNTEARNINGS HRS, RATE AMOUNT 501 42.4.4 YEAR TO-DATE 675 11 2 4 9 5 2 52 00 8 3 701 9 58 27 004 1 45 0 81 13 5 0 00 80 10/9 WORKS IN (STATE S.S. ACCOUNT NO. NAME-LAST PA 000-00-1534 O'NEILL Tyler WEEKLY RATE 1153.8 HOURLY RATES OVERTIME RATE S 90,000 30e/M REQULAR EARNINGS OVERTIME EARNINGS NET PAID AINGS HRS. RATE AMOUNT RATEAMOUNT FIT CIT YEAR TO-DATE WORKS IN ISTATE S.S. ACCOUNT NO. NAME-LAST FIRST M F Office Time Clerk PA RUSSELL Virginia WEEKLY RATE HOURLY RATES OVERTIME RATE $47,000 30eM OVERTIME EARNINGS NET PAID HRS RATE AMOUNT RATE AMOUNT FIT SIT YEAR-TO-DATE TOTAL NAME-LAST S.S. ACCOUNT NO WORKS IN ISTAT M F Allen 000-00-1223 RYAN PA Electrician Plant STATUS WEEKLY RATES HOURLY RATE OVERTIME PRATE 27.00 $8 each pay $56,000 30e/M NET PAID CIT FIT RATE AMOUNT HAS RATE AMOUNT 70. 112.2.510 36 80 1468530 910 YEAR-TO-DATE NAME-LAST S.S. ACCOUNT NO WORKS IN ISTATE SOKOWSKI 000-00-8832 PA Plant STATUS 1.025,00 wuuur RATE HOURLY RATE OVERTIME RATE $80,000-30e/M REGULAR EARNINGS RATEAMOUNT HRS RATE AMOUNT WORKS IN (STATE S5. ACCOUNT NO M F Office PA WEEKLY RATE 39,00030c/M OVERTIME RATE S NET PAID RS RATE AMOUNT OTHERCKAMOUNT 55.50 14 5.8 680 WORKS IN (STATE Office PA X 000-00 6741 WILLIAMS Ruth WEEKLY RATE611.54 HOURLY RATE 48,000 30d/M NET PAID RATEAMOUNT OTHERKAMOUNT 16 06 9 40 Time Clerk's Report No. 42 For the Week Ending Odtober 24, 20 Time Record Time Time S M T W TF S Worked Lost 40 hrs. 40 hrs.... 38 hrs. 2 hrs. 40 hrs.'... 36 hrs... 39 hrs. 1 hr* Bonno, A. V... Russell, V. A. Ryan, N. A. Student.. Williams, R. V Time lost on account of family function; deduct 2 hours' pay. Time lost because of tardiness; deduct 1 hour's pay. Time Clerk's Report No. 43 For the Week Ending October 31, 20 Time Record Time Time Employee S M T W TF S WLost Bonno, A.Vv Ford, C. L. Russell, V. A. Ryan, N. A. Student Williams, R. V 40 hrs. 40 hrs... 40 hrs.. 40 hrs. 36 hrs. 40 hrs. Book Air NAME-LAST WORKS IN ISTATE SA ACCOUNT NO OCCUPATION Victor 000-00-3481 PA Mixer Plant STATUS HOURLY RATE OVERTIME RATE $8 each S 55,000-30e/M NET PAID CUMULATME OTHERCK. 6 80 96 1.64 30 13 2 2 0293 YEAR TO-DATE SS. ACCOUNT NO WORKS IN (STATE Claude FERGUSON Sales Manager PA Sales STATUS 25.00. WEEKLY RATE HOURLY RATE OVERTIME RATE 88,000-30e/M NET PAND CUMULATINE OTHER CKAMOUNT DEDUCTIONS NO 3 2 30 73 0910 73 18 1 2 90 231 2 5 00 14 3 3 75 33 5 31 229 253 7 5 00 13 9 50 3 2 63 1 0 388 89972 8 754 0 994 6 9 231 2 5 00 22 5 0 00 10/9 YEARLY SS ACCOUNT NO WORKS IN (STATE M F FORD X 000-00-4567 PA Executive Secretary Office 610.00 WEEKLY RATE HOURLY RATES OVERTIME RATE $48,000-30e/M NET PAID REGULAR EARNINGS RS RATE AMOUNTHRS RATE AMOUNT 469 8 95 74 9 5 6 02 3 7 80 63010100-39.60. -9. 1135. 6.39 75 2 0 00 7 5 64176985 3 78 24511 0 737 47 19 3 41 63 0 000 122 0 YEAR TO-DATE 10/9 80 NAME-LAST WORKS IN (STATE Wilson MANN 000-00-9352 PA Sales R WEEKLY RATE675.00 HOURLY RATE OVERTIME RATE $53,000 30e/M OVERTIME EARNINGS REGULAR EARNINGS CK RAT AMOUNTEARNINGS HRS, RATE AMOUNT 501 42.4.4 YEAR TO-DATE 675 11 2 4 9 5 2 52 00 8 3 701 9 58 27 004 1 45 0 81 13 5 0 00 80 10/9 WORKS IN (STATE S.S. ACCOUNT NO. NAME-LAST PA 000-00-1534 O'NEILL Tyler WEEKLY RATE 1153.8 HOURLY RATES OVERTIME RATE S 90,000 30e/M REQULAR EARNINGS OVERTIME EARNINGS NET PAID AINGS HRS. RATE AMOUNT RATEAMOUNT FIT CIT YEAR TO-DATE WORKS IN ISTATE S.S. ACCOUNT NO. NAME-LAST FIRST M F Office Time Clerk PA RUSSELL Virginia WEEKLY RATE HOURLY RATES OVERTIME RATE $47,000 30eM OVERTIME EARNINGS NET PAID HRS RATE AMOUNT RATE AMOUNT FIT SIT YEAR-TO-DATE TOTAL NAME-LAST S.S. ACCOUNT NO WORKS IN ISTAT M F Allen 000-00-1223 RYAN PA Electrician Plant STATUS WEEKLY RATES HOURLY RATE OVERTIME PRATE 27.00 $8 each pay $56,000 30e/M NET PAID CIT FIT RATE AMOUNT HAS RATE AMOUNT 70. 112.2.510 36 80 1468530 910 YEAR-TO-DATE NAME-LAST S.S. ACCOUNT NO WORKS IN ISTATE SOKOWSKI 000-00-8832 PA Plant STATUS 1.025,00 wuuur RATE HOURLY RATE OVERTIME RATE $80,000-30e/M REGULAR EARNINGS RATEAMOUNT HRS RATE AMOUNT WORKS IN (STATE S5. ACCOUNT NO M F Office PA WEEKLY RATE 39,00030c/M OVERTIME RATE S NET PAID RS RATE AMOUNT OTHERCKAMOUNT 55.50 14 5.8 680 WORKS IN (STATE Office PA X 000-00 6741 WILLIAMS Ruth WEEKLY RATE611.54 HOURLY RATE 48,000 30d/M NET PAID RATEAMOUNT OTHERKAMOUNT 16 06 9 40