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Private Publishing has two office employees. A summary of their earnings and the related taxes withheld from their pay for the week ending June 7,
Private Publishing has two office employees. A summary of their earnings and the related taxes withheld from their pay for the week ending June 7, 20X1, follows. Gross earnings Social security deduction Medicare deduction Income tax withholding Net pay for week Ann Chen $1,240.00 (76.88) (17.98) (331.95) $ 813.19 David Kendrick $1,110.00 (68.82) (16.10) (199.91) $ 825.17 1&2. Prepare the general journal entries to record the company's payroll and to summarize the checks to pay the weekly payroll. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet
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