PAYROLL REGISTER GLO-BRITE PAINT COMPANY Time Record Regular Earnings Overtime Earnings Deductions Net Paid Taxable Earnings Labor Cost Distribution Filing Status No.W/H Allow Rate Per Amount Hrs. Hour Total Earnings Group Ins Union Dues Ck. SIMPLE No E Amount OASDI FIT SIT SUTA CIT Amount OASDI HI FUTA SUTA Admin. Office Sales Plant 8.00 1,408.00 2.250.00 Rate Per N/AME MTWT FS Hrs. Hour Payday, October 9, 20-- For Period Ending October 3, 20-- Bonno, A. MEJ NA 8 8 8 8 8 8 8 8 8 8 80 17.60 Ferguson, J. MFJ N/A 8 8 8 8 8 88888 80 Ford, C. S N/A 8 8888 88888 80 Mann, D. MFJN/A 8 8 8 88 88 88 80 O'Neill, J. MFJN/A 8 8 8 88 88 88 8 80 Russell, V S 8 8 8 88 88 88 80 Ryan, N. MFJ N/A 88 8 88 88888 80 18.00 Sokowski, T. MFJN/A 888 8 8 8 888 80 (Student) S N/A 8 8 8 8 4 8 8 8 7214.00 Williams, R. S N/A 8 8 D 88 88 8 80 1,220.00 700.00 350.00 1,220.00 1,350.00 1,350.00 1,408.000 2,250.00 1,220.00 1,350.00 2,307.69 1,200.00 1,440.00 2,050.00 1,008,00 1.223.08 1,408.00 2,250.00 1,220.00 1,350.00 2,307.69 1,200.00 1,440.00 2,050.00 1,008.00 1,223.08 87.30 139.50 75.64 83.70 143.08 74.40 89.28 127.10 62.50 75.83 20.42 32.63 17.69 19.58| 33.46 17.40 20.88 29.73 14.62 17.73 45.00 139.00 82.00 39.00 146.00 80.00 49.00 118.00 56.00 82.00 43.23 69.08 37.45 41.45 70.85 36.84 44.21 62.94 30.95 37.55 0.84 1.35) 0.73 0.81 1.38 0.72 0.86 1.23 0.60 0.73 54.51 87.10 47.23 52.26 89.34 46.45 55.75 79.36 39.021 47.35 672 673 674 675 676) 677 678 679 680 681 1,148.70 1,781.34 959.26 1,113.20 1,823.58 944.19 1,172.02 1,631.64 804.31 961.89 1,408.00 2.250.00 1,220.00 1,350.00 2.307.69 1,200.00 1,440.00 2,050.00 1,008.00 1.223.08 MTV TITT 2,307.69 1,408.00 2.250.00 1,220.00 1,350.00 2.307.69 1,200.00 1,440.00 2,050.00 1,008.00 1,223.08 760.00 1,200.00 1,200.00 8.00 1,440.00 2,050.000 H 1,008.000 1,008.000 1,008,00 1,223.08 15,456.77 15,456.77 958.33 224.14 836.00 474.55 9.25 598.37 0.00 16.00 0.00 12,340.13 15,456.77 15,456.77 3,818.00 4,778.00 2,307.69 4,651.08 3,600.00 4,898.00 TOTALS Payday, October 23, 20-- For Period Ending October 17, 20-- Bonno, A MEJN/A Ferguson, J. MFJN/A Ford, C. S NA Mann, D. MFJ N/A O'Neill, J. MFJ NA Russell, V. S NA Ryan, N. MEJ NA Sokowski, T. MFJNA (Student) S N/A Williams. R S N/A TOTALS 0.00 0.00 0.00 0.000 0.00 0.00 0.000 0.000 0.00 0.00 0.000 0.00 0.00 0.00 0.00 0.001 0.00 0.000 0.00 No. 3 Prepare the payroll for the last pay period of October from Time Clerk's Report Nos. 40 and 41. LO 1 The proper procedure in recording the payroll follows: Complete the payroll register. In as much as only a portion of the payroll register sheet was used in recording the October 9 payroll, the October 23 payroll should be recorded on the same sheet to save space. On the first blank ruled line after the October 9 payroll, insert "Payday October 23For Period Ending October 17, 20--" On the following lines, record the payroll information for the last pay date of October. When recording succeeding payrolls, continue to conserve space by recording two payrolls on each separate payroll register sheet. Project Audit Test Net Paid $12,401.43 The workers in the plant (Bonno and Ryan) are paid time and a half for any hours worked over eight each workday and for work on Saturdays and are paid twice the regular hourly rate for work on Sundays or holidays. Pay Points Even though they are not on the time clerk's report, remember to pay the president, sales manager, sales representatives, and supervisors. With this pay period, the cumulative earnings of several employees exceed the taxable income base set up by FUTA and SUTA. This factor must be considered in preparing the payroll register and in computing the employer's payroll taxes. Refer to each employee's earnings record to see the amount of cumulative earnings. PA report. A two-line heading is set centered at the top of the report. The first line lists the type of financial statement, Time Clerk's Report Number 40. The second line lists the date, For the Week Ending October 10, 20 followed by 2 blank spaces. Below the heading there are four columns. The column headers are: Employee: Time Record: Time Worked: Time Lost. The second column, Time Record is divided vertically into seven columns under the headings: S: M: T: W;T; F; and S representing the days of the week. The rows in the table read as follows: Row 1: Employee, Bonno A. V.; Time Record: S, no data; M, 8; T, 8; W, 8; T, 8; 7, 8, S, S. 4: Time Worked, 44 hours: 44 hours: Time TELJ........... PA report. A two-line heading is set centered at the top of the report. The first line lists the type of financial statement, Time Clerk's Report Number 41. The second line lists the date, For the Week Ending October 17, 20 followed by 2 blank spaces. Below the heading are four columns. The column headers are: Employee; Time Record: Time Worked: Time Lost. The second column Time Record is divided vertically into seven columns under the headings: S;M; T; W;T; F; and S representing the days of the week. The rows in the table read as follows: Row 1: Employee, Bonno A. V: Time Record: S, no data; M, 8; T, 8; W.8; T, 8; 7, 8; S, no data; Time Worked, 40 hours: Time Lost, ......................NA Make the entry transferring from Cash to Payroll Cash the net amount of the total payroll, and post. LO 3 Post the required information from the payroll register to each employee's earnings record. Record in the journal the salaries, wages, taxes withheld, group insurance premiums collected dues withheld, and net amount paid, and post to the proper ledger account The entry required to record the October 23 payroll is the same as that to record the October 9 payroll, except it is necessary to record the liability for the amount withheld from the employees' wages to pay their part of the group insurance premium. The amount withheld should be recorded as a credit to Group Insurance Premiums Collected. Pay Points The employees' Pennsylvania State Unemployment Tax (SUTA) is calculated (0.0006) on the total wages of each employee. There is no taxable wage limit on the employees' portion of the tax. Record in the journal the employer's payroll taxes and the liabilities created; post to the appropriate ledger accounts