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Payroll e Mania has the following payroll information for the week ending November 21: Earnings Hours Payat End of Name Worked Rate Previous Filing Number

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Payroll e Mania has the following payroll information for the week ending November 21: Earnings Hours Payat End of Name Worked Rate Previous Filing Number of Week Status Withholdings Biggs, A Cool, Ray Dell, Don Evans, Pedro Frey, Belle Grayson, Nick Roberts, John Wayne, David 40 $11.65 $21,536.00 Single 40 $11.50 $21,988.00 Single 40 $11.95 $21,160.00 Married 49 $34.00 $127,280.00 Married 22 $10.50 $6,096.00 Married 40 $11.00 $21,040.00 Married 45 18 $10.75 $6,855.00 Married $14.25 $25,690.00 Single Employees are paid weekly and are paid time-and-a-half for work in excess of forty hours per week. Taxable earnings for Social Security are based on the first $128,700. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. State unemployment tax rate is 5.4% and federal unemployment tax rate is .696. Instructions 1. Complete the payroll register, page 37, The Social Security tax rate is 6.2% for employees and employers and the Medicare tax rate is 1.45%. 2. Prepare a journal entry to record the payroll as of November 21. 3. Prepare a journal entry to record the payroll taxes as of November 21. 4. Journalize the entry to pay the payroll on November 23. Assume that the company has transferred cash to the Cash-Payroll Bank Account for this payroll. Payroll e Mania has the following payroll information for the week ending November 21: Earnings Hours Payat End of Name Worked Rate Previous Filing Number of Week Status Withholdings Biggs, A Cool, Ray Dell, Don Evans, Pedro Frey, Belle Grayson, Nick Roberts, John Wayne, David 40 $11.65 $21,536.00 Single 40 $11.50 $21,988.00 Single 40 $11.95 $21,160.00 Married 49 $34.00 $127,280.00 Married 22 $10.50 $6,096.00 Married 40 $11.00 $21,040.00 Married 45 18 $10.75 $6,855.00 Married $14.25 $25,690.00 Single Employees are paid weekly and are paid time-and-a-half for work in excess of forty hours per week. Taxable earnings for Social Security are based on the first $128,700. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. State unemployment tax rate is 5.4% and federal unemployment tax rate is .696. Instructions 1. Complete the payroll register, page 37, The Social Security tax rate is 6.2% for employees and employers and the Medicare tax rate is 1.45%. 2. Prepare a journal entry to record the payroll as of November 21. 3. Prepare a journal entry to record the payroll taxes as of November 21. 4. Journalize the entry to pay the payroll on November 23. Assume that the company has transferred cash to the Cash-Payroll Bank Account for this payroll

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