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COMPREHENSIVE REVIEW PROBLEM 3 CARLSON COMPANY the pumanc of this problem is to follow a payroll systern for two wecks. It mcludes preparing a payroll reatster ind all related accounting eritries for payroll caten Company pays its employces ckery week and pays time-and-a-hall for all hours over 40 a week Earning through the April 12, 20XI payroll and the clissification of the company's workers are as follows: Directions: Record the following transactions in a general jouttal, pages 46 and 47 . Prepare payrol! registers as requested, and use them as the basis for some of your accounting entries. Ap. 15 Deposited March's FCA and federal income taxes in a bank. FCA-OASDI tax amounted to S500, while FICA-HI tax amounted to $100. Fedetal income tax withheld amounted to $1,350. 18 Wrote a check to pay for bonds purchased with March's savings bond deductions, $90. 19 Recorded and pitd the weekly payroll. Prepare a payroll register, journalize the payroll, and record its payment. Use the following data; 19 Recorded the employer's payroll taxes on the April 19 payroll. 20 Paid March's unton dues to the union, \$120. Sent in March's state income tax withheld, $415. Recorded and paid the weekly payroll. Prepare a payroll register, journalize the payroll, and record its payment. All basic data are the same as for April 19 except for the hours worked and the check numbers. Hours worked are, respectively, 44, 30,47,40, and 42 . Check numbers contime with No. 68. Remember to calctlate the up-to-date cumulative earnings by adding last week's total carnings for each employee to the cumulative camings the employee had last week. Recorded the employer's payroll taxes on the April 26 payroll. Paid FUTA tax for the first quarter. Taxable wages for this tax amounted to $13,000 in the quarter. 30 Paid SUTA tax for the first quuarter. Taxable wages were $13,000. COMPREHENSIVE REVIEW PROBLEM 3 CARLSON COMPANY The purpose of this problem is to follow a payroll system for two weeks. It includes preparing a payroll register and all related accounting enthes for payroll. Assumed tax rates are as follows: Carlon Company pays its employees every week and prys time-and-athall for all hours over 40 a week Earnings through the April 12,20X1 payroll and the chasification of the company's wotkers are as follows: Directions: Record the following transactions in a general joumal, pages 46 and 47 . Prepare payroll registers as requested, and use them as the basis for some of your accounting entries Apt 15 Depasited March's HCA and fedenal income taxes in a bank. FICA-OASDI tax amounted to $500, while FCA - HI tix amounted to $100. Federal income tax withheld amounted to $1,350. 18 Wrote a check to pay for bonds purchased with March's savings bond deductions, 590. 19 Recorded and paid the weckly payroll. Prepare a payroll register, fouralize the payroll, and record its payment. Use the following data: 19 Recorded the employer's payroll taxes on the April 19 payroll. 20) Paid March's union dues to the union, $120. 25 Sent in March's state income tax withheld, $415. 26 Recorded and paid the weekly payroll. Prepare a payroll register, journalize the payroll, and record its payment. All basic data are the same as for April 19 exeept for the hours wotked and the check numbers. Hours worked are, respectively, 44,30,47,40, and 42 . Check numbers continue with No. 68 . Remember to caleulate the up-to-date cumulative earnings by adding last week's total earnings for each employee to the cumulative earnings the employee had last weck 26 Recorded the employer's payroll taxes on the April 26 payroll 30 Paid FUTA tax for the first quarter. Taxable wages for this tax amounted to $13,000 in the quarter 30 Paid SUTA tax for the first quarter Thxable wages were $13,000