Payroll Register and Payroll Journal Entry employee earnings records, and a general journal. given. Employees are paid 121 times the regular rate for working over 40 hours a week. agency's credit union. Cole has $38.75 withheld and Hicks has $18.75 withheld under a savings bond purchase plan. Mary's Luxury Travel's payroll is met by drawing checks on its regular bank account. The checks were issued in sequence, beginning with Check No. 423. Required: 1. Prepare a payroll register for Mary's Luxury Travel for the week ended March 22, 20--. (In the Taxable Earnings/Unemployment Compensation column, enter the same amounts as in the Social Security column.) Total the amount columns. If required, round your answers to the nearest cent. Period Ended March 22 20-- payroll. 2. Assuming that the wages for the week ended March 22 were paid on March 24 , prepare the journal entry for the payment of the payroll