Summary Payroll Data

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	$79,100
	3. Total earnings	?
Deductions:
	4. Social security tax	31,620
	5. Medicare tax	7,905
	6. Income tax withheld	134,500
	7. Medical insurance	18,200
	8. Union dues	?
	9. Total deductions	195,000
	10. Net amount paid	332,000
Accounts debited:
	11. Factory Wages	279,300
	12. Sales Salaries	?
	13. Office Salaries	105,400

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

(1)	$
(3)	$
(8)	$
(12)	$

Feedback

Consider how deductions such as social security and Medicare taxes are calculated. How can these calculations help you solve for some of the missing amounts?

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

	Factory Wages Expense
	Sales Salaries Expense
	Office Salaries Expense
	Social Security Tax Payable
	Medicare Tax Payable
	Employees Income Tax Payable
	Medical Insurance Payable
	Union Dues Payable
	Salaries Payable