Summary Payroll Data

Assume that the social security tax rate is 6% and the Medicare tax rate is 1.5%. In the following summary of data for a payroll period, some amounts have been intentionally omitted:

Earnings:
	1. At regular rate	?
	2. At overtime rate	$67,500
	3. Total earnings	?
Deductions:
	4. Social security tax	27,060
	5. Medicare tax	6,765
	6. Federal income tax withheld	114,800
	7. Medical insurance	15,500
	8. Union dues	?
	9. Total deductions	167,000
	10. Net amount paid	284,000
Accounts debited:
	11. Factory Wages	239,000
	12. Sales Salaries	?
	13. Office Salaries	90,200

a. Determine the amounts omitted in lines (1), (3), (8), and (12).

(1)	$fill in the blank 4a13d002afebffe_1
(3)	$fill in the blank 4a13d002afebffe_2
(8)	$fill in the blank 4a13d002afebffe_3
(12)	$fill in the blank 4a13d002afebffe_4

b. Journalize the entry to record the payroll accrual. If an amount box does not require an entry, leave it blank.

		fill in the blank 2435dc0b0fa2ff8_2	fill in the blank 2435dc0b0fa2ff8_3
		fill in the blank 2435dc0b0fa2ff8_5	fill in the blank 2435dc0b0fa2ff8_6
		fill in the blank 2435dc0b0fa2ff8_8	fill in the blank 2435dc0b0fa2ff8_9
		fill in the blank 2435dc0b0fa2ff8_11	fill in the blank 2435dc0b0fa2ff8_12
		fill in the blank 2435dc0b0fa2ff8_14	fill in the blank 2435dc0b0fa2ff8_15
		fill in the blank 2435dc0b0fa2ff8_17	fill in the blank 2435dc0b0fa2ff8_18
		fill in the blank 2435dc0b0fa2ff8_20	fill in the blank 2435dc0b0fa2ff8_21
		fill in the blank 2435dc0b0fa2ff8_23	fill in the blank 2435dc0b0fa2ff8_24
		fill in the blank 2435dc0b0fa2ff8_26	fill in the blank 2435dc0b0fa2ff8_27

c. Journalize the entry to record the payment of the payroll. If an amount box does not require an entry, leave it blank.

		fill in the blank cee207000f94034_2	fill in the blank cee207000f94034_3
		fill in the blank cee207000f94034_5	fill in the blank cee207000f94034_6