Payroll Register

The following data for Throwback Industries, Inc. relate to the payroll for the week ended December 9:

	Hours		Hourly		Weekly		Federal		U.S. Savings
Employee	Worked		Rate		Salary		Income Tax		Bonds
Blanda	46		$44				$495.88		$95
Dawson	41		38				339.06		40
Fouts	43		46				388.93		35
Griese	37		32				248.64		65
Namath	48		40				436.80		70
Marino					$2,050		492.00		110
Staubach	35		28				147.00		80
Starr					2,300		506.00		75
Unitas	44		36				331.20		110

Employees Marino and Starr are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 625.

Required:

1. Prepare a payroll summary for Throwback Industries, Inc. for the week ended December 9. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places).

Payroll for Week Ending December 9

Earnings

Deductions

Paid

Accounts Debited

Name

Total Hours

Regular

Overtime

Total

Social Security Tax

Medicare Tax

Federal Income Tax

U.S. Savings Bonds

Total

Net Pay

Ck No.

Sales Salaries Expense

Office Salaries Expense

Blanda

46

$fill in the blank e4bdfd040f9ffbf_1

$fill in the blank e4bdfd040f9ffbf_2

$fill in the blank e4bdfd040f9ffbf_3

$fill in the blank e4bdfd040f9ffbf_4

$fill in the blank e4bdfd040f9ffbf_5

$495.88

$95

$fill in the blank e4bdfd040f9ffbf_6

$fill in the blank e4bdfd040f9ffbf_7

625

$fill in the blank e4bdfd040f9ffbf_8

Dawson

41

fill in the blank e4bdfd040f9ffbf_9

fill in the blank e4bdfd040f9ffbf_10

fill in the blank e4bdfd040f9ffbf_11

fill in the blank e4bdfd040f9ffbf_12

fill in the blank e4bdfd040f9ffbf_13

339.06

40

fill in the blank e4bdfd040f9ffbf_14

fill in the blank e4bdfd040f9ffbf_15

626

fill in the blank e4bdfd040f9ffbf_16

Fouts

43

fill in the blank e4bdfd040f9ffbf_17

fill in the blank e4bdfd040f9ffbf_18

fill in the blank e4bdfd040f9ffbf_19

fill in the blank e4bdfd040f9ffbf_20

fill in the blank e4bdfd040f9ffbf_21

388.93

35

fill in the blank e4bdfd040f9ffbf_22

fill in the blank e4bdfd040f9ffbf_23

627

fill in the blank e4bdfd040f9ffbf_24

Griese

37

fill in the blank e4bdfd040f9ffbf_25

fill in the blank e4bdfd040f9ffbf_26

fill in the blank e4bdfd040f9ffbf_27

fill in the blank e4bdfd040f9ffbf_28

248.64

65

fill in the blank e4bdfd040f9ffbf_29

fill in the blank e4bdfd040f9ffbf_30

628

fill in the blank e4bdfd040f9ffbf_31

Namath

48

fill in the blank e4bdfd040f9ffbf_32

fill in the blank e4bdfd040f9ffbf_33

fill in the blank e4bdfd040f9ffbf_34

fill in the blank e4bdfd040f9ffbf_35

fill in the blank e4bdfd040f9ffbf_36

436.80

70

fill in the blank e4bdfd040f9ffbf_37

fill in the blank e4bdfd040f9ffbf_38

629

fill in the blank e4bdfd040f9ffbf_39

Marino

fill in the blank e4bdfd040f9ffbf_40

fill in the blank e4bdfd040f9ffbf_41

fill in the blank e4bdfd040f9ffbf_42

fill in the blank e4bdfd040f9ffbf_43

492.00

110

fill in the blank e4bdfd040f9ffbf_44

fill in the blank e4bdfd040f9ffbf_45

630

$fill in the blank e4bdfd040f9ffbf_46

Staubach

35

fill in the blank e4bdfd040f9ffbf_47

fill in the blank e4bdfd040f9ffbf_48

fill in the blank e4bdfd040f9ffbf_49

fill in the blank e4bdfd040f9ffbf_50

147.00

80

fill in the blank e4bdfd040f9ffbf_51

fill in the blank e4bdfd040f9ffbf_52

631

fill in the blank e4bdfd040f9ffbf_53

Starr

fill in the blank e4bdfd040f9ffbf_54

fill in the blank e4bdfd040f9ffbf_55

fill in the blank e4bdfd040f9ffbf_56

fill in the blank e4bdfd040f9ffbf_57

506.00

75

fill in the blank e4bdfd040f9ffbf_58

fill in the blank e4bdfd040f9ffbf_59

632

fill in the blank e4bdfd040f9ffbf_60

Unitas

44

fill in the blank e4bdfd040f9ffbf_61

fill in the blank e4bdfd040f9ffbf_62

fill in the blank e4bdfd040f9ffbf_63

fill in the blank e4bdfd040f9ffbf_64

fill in the blank e4bdfd040f9ffbf_65

331.20

110

fill in the blank e4bdfd040f9ffbf_66

fill in the blank e4bdfd040f9ffbf_67

633

fill in the blank e4bdfd040f9ffbf_68

Totals

$fill in the blank e4bdfd040f9ffbf_69

$fill in the blank e4bdfd040f9ffbf_70

$fill in the blank e4bdfd040f9ffbf_71

$fill in the blank e4bdfd040f9ffbf_72

$fill in the blank e4bdfd040f9ffbf_73

$fill in the blank e4bdfd040f9ffbf_74

$fill in the blank e4bdfd040f9ffbf_75

$fill in the blank e4bdfd040f9ffbf_76

$fill in the blank e4bdfd040f9ffbf_77

$fill in the blank e4bdfd040f9ffbf_78

$fill in the blank e4bdfd040f9ffbf_79

Feedback

Gross earnings reflects the total amount an employee has earned during a specific pay period before taxes and deductions. Net pay is the total earnings minus the withholdings and deductions. Remember that expenses are classified as either selling or administrative based on the purpose of the expense.

Learning Objective 2.

2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank.

	Sales Salaries Expense	fill in the blank fe77c1f42fd9fa9_2	fill in the blank fe77c1f42fd9fa9_3
	Office Salaries Expense	fill in the blank fe77c1f42fd9fa9_5	fill in the blank fe77c1f42fd9fa9_6
	Social Security Tax Payable	fill in the blank fe77c1f42fd9fa9_8	fill in the blank fe77c1f42fd9fa9_9
	Medicare Tax Payable	fill in the blank fe77c1f42fd9fa9_11	fill in the blank fe77c1f42fd9fa9_12
	Employees Federal Income Tax Payable	fill in the blank fe77c1f42fd9fa9_14	fill in the blank fe77c1f42fd9fa9_15
	Bond Deductions Payable	fill in the blank fe77c1f42fd9fa9_17	fill in the blank fe77c1f42fd9fa9_18
	Cash	fill in the blank fe77c1f42fd9fa9_20	fill in the blank fe77c1f42fd9fa9_21