Required information (The following information applies to the questions displayed below.) Charles Merrill owns a housekeeping service, Charles Cleaners, in Florida. For the weekly payroll ending July 10, 2020, checks dated July 15, 2020, complete the payroll register. Use the wage bracket method in the federal tax table in Appendix C. No employee has exceeded the Social Security tax wage base. Assume no employee submitted a W-4 in 2020. Total, prove, and rule the entries. (Round your intermediate calculations and final answers to 2 decimal places.) Required: The employee earnings record for Sean Steverman of Charles' Cleaners is listed below. Record his earnings from the July 10 weekly pay in P7-1A. The standard 40 hour workweek and he worked 40 hours during the week ending July 10. Answer is complete and correct. EMPLOYEE EARNINGS RECORD Name Sean Steverman Hire Date Dependent Child 17 0 Date of Birth May 22, 2011 November 15, 1991 Housekeeper 1 nor Address City/State/Zip Telephone Social Security Number 2326 Vinings Drive Lodi, FL 32030 305-555-5698 188-56-7316 Position Filing status Pay Rate Dependent Other Step 4a W-4 Info Step 4b W-4 Info Step 4c W-4 Info nor Single 8.74/hour nor Period Ended Hours Worked Regular Pay OT Pay Holiday Comm Gross Pay 401(k) Section 125 Taxable Wages for Federal Taxable Wages for FICA WH WIH $ 321.00 $ 321.00 349.60 $ 349.00 40.00 $ $ 07/03/2020 07/10/2020 321.60 349.60 321.60 349.60 40.00 IS IS Period Ended Taxable Wages for FICA WIH Medicare Tax State WIH United Way Net Pay YTD Net Pay YTD Gross Pay Taxable Wages for Federal W/H s 321.60 IS 349.60 IS Fed W/H Social Sec. Tax 18.00 IS 19.94 19.00 $ 21.68 $ 4.66 IS IS $ $ 07/03/2020 07/10/2020 25.00 25.00 256.00 278.85 3,500.00 3,778.85 4,502.40 4.852.00 $ |$ 5.07 $ $ $ Required: Using the payroll register from P7-1A for Charles' Cleaners, complete the General Journal entry for the employees' from the July 10 weekly pay. Paychecks will be issued on July 15. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet Record the employees' pay for the July 10 payroll end date. Note: Enter debits before credits Date General Journal Debit Credit Jul 10 Required: Using the payroll register from P7-1A for Charles Cleaners, complete the General Journal entry for the employer's share of the payroll taxes for the July 10 payroll end date. Assume 5.4 percent SUTA and 0.6 percent FUTA tax rates and that $1,352.40 is subject to FUTA/SUTA taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the employer's share of the payroll taxes for the July 10 payroll end date. Note: Enter debits before credits. Date General Journal Debit Credit Jul 10 Record entry Clear entry View general journal Required: Using the employee payroll entry from P7-3A, post the July 10 employee pay for Charles' Cleaners to the selected General Ledger accounts shown below. Account: Salaries and Wages Payable Debit Credit Balance Date Jul 10 Account: Employee Federal Income Tax Payable Date Debit Credit Balance Jul 10 Account: Social Security Tax Payable Debit Credit Date Balance Jul 10 Account: Medicare Tax Payable Debit Credit Date Balance Jul 10 Account: Salaries and Wages Expense Debit Credit Balance Date Jul 10
