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please help me to do journal entries Expert Q&A you are the new bookkeeper for Bingo, Inc. and have been assigned to compute the payroll
please help me to do journal entries
Expert Q&A you are the new bookkeeper for Bingo, Inc. and have been assigned to compute the payroll for its week ending August 7th paid on that date. The following payroll register has been partially completed by the owner, but he needs for you to finish it up!! the company's SUTA rate is 3.4% on the first $9000 of wages paid and state withholding is completed at 4% of gross wages. 1/ complete the payroll register(below) 2/ record the payroll (see next tab) 3/ record the employer payroll taxes (see next tab) 4/ record payment of all of the payroll taxes (including state) on August 15 th (see next tab) 5/ record payment of the worker's company insurance at the rate of $1.20 per $100 of gross payroll on August 21st Bingo, Inc. Payroll Register For The Week Ending August 7 Withholdings Current tarnings Overtime Hours Regular Hourly Prior earnings Net Pay SIT FICA H FICA OASO W-4 infol FIT Employee worked to date earnings Total earnings rate earnings 1600 120 Hobbs, Brad $ 40.00 42 $ 127.900.00 S-1 25.00 46.5 45.000.00 Carmichael, Jim 25 lish7171 AB.6 37-832.71 w70-10. 3781801a.14/5287399. Poe, Brenda (new employee) Lloyd, Frank Long Sally S-3 18.00 1482124 80 0nb. 220 40 50.00 126.200.00 M-2 099.558 49.5 41.5 5.G00.00 22.00 37.2 8.7 30 55,000.00 50 20.00 Figuroa, Jamie 360 1200 25,000 00 GO 24.00 Clark, Pete Totols GENERAL JOURNAL Dete Credit Debit Account Step by Step Solution
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