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Te above udtes die weekly end dates and associated pay dates. Keep in mind that tax liability and payment amounts are determined based on the

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Te above udtes die weekly end dates and associated pay dates. Keep in mind that tax liability and payment amounts are determined based on the weekly pay dates. Complete the employee earnings records for December for each of the four employees. Divide the voluntary ductions from the payroll register appropriately across the associated columns within the employee earnings as. If directed to do so by your instructor, record the necessary journal entries for each pay period. B C D E F G H I K L Employee Earnings Record M N O P Q R S T U 54 Name John Parker Marital Status Single Address 212 Tradition Lane Fed. Withholding Allow. Herndon, VA 20170 State Withholding Allow SS 444-44-4444 Earnings Deductions Pay Period Ending Regular Hours Worked Regular Pay Rate Regular Wages Overtime Hours Worked Overtime Pay Rate Overtime Wages Federal Withholding Tax State Withholding Tax Social Security Tax Retirement Contribution Medicare Tax Gross Pay Life insurance Charitable Contribution Additional Withholding Check Number Net Pay $ 187,384.80 $40,745.28 $ 9,369.12 $ 7,960.80 $ 2,717.28 $ 960.00 $ $ 125,632.32 Accumulated earnings 12/7/18 12/14/18 12/21/18 12/28/18 YTD Totals $ 187,384.80 $40,745.28 $ 9,369.12 $ 7,960.80 $ 2,717.28 $ - $ - $ 960.00 $ - $ - $ 125,632.32 Payroll Registers Employee Earnings Journal Rprt Info JAVU POLSCULP $8,000. Earnings and voluntary deduction information for each of the four employees is as follows. Regular Wage Rate Annual Salary Weekly 401(k) Deduction Weekly Charitable Contribution Name Hunter Cranston $15/hour N/A 6% of gross pay $5 Allison Harrison $23/hour N/A 5% of gross pay $5 John Parker N/A $203,000.20 N/A $20 Pierre Sternberg N/A $112,000.20 1% of gross pay N/A One-Month Project NOTE! Templates needed to complete these worries are included in the Student Exercise Files download for this course Ellipses Corp. is a small business that operates in Herndon, VA. The company is located at 10 Period Lane, Herndon, VA 20170. Its federal Employer Identification Number is 77-7777777, and its president, who signs all tax forms, is John Parker (telephone #571-555-0073). The company does not wish to name a third party designee on forms. During 2018 four individuals are employed by Ellipses Corp. These employees are as follows. Name Address Social Security # Federal W/H Allowances State W/H Allowances Marital Status Hunter Cranston 85 Southern Road Herndon, VA 20170 111-11-1111 Married Allison Harrison 203A Pine Court Herndon, VA 20170 777-77-7777 Married John Parker 212 Tradition Lane Herndon, VA 20170 444-44-4444 Single Pierre Sternberg 41 Seward Boulevard Herndon, VA 20170 333-33-3333 Married Note that Pierre Sternberg was hired in November, and his first day of work was Monday, November 26. Additionally, due to an economic downturn, Allison Harrison was laid off in mid-December, with her last day of work on Friday, December 14. All employees of Ellipses Corp. work a regular 40-hour workweek (thus all hours worked over 40 in a given week are overtime hours), receive overtime pay at a rate of 1.5 times the regular wage rate, and are paid weekly on Friday for the current week (which runs from Saturday through Friday, although employees never work on weekends). The SUTA tax rate applicable to Ellipses Corp. is 3.1%, while the SUTA wage base in Virginia is $8,000 Earnings and voluntary deduction information for each of the four employees is as follows. Name Regular Wage Rate Annual Salary Weekly 401(k) Deduction Weekly Charitable Contribution Hunter Cranston $15/hour N/A 6% of gross pay Allison Harrison $23/hour N/A John Parker NA 5% of gross pay N/A 1% of gross pay Pierre Sternberg $203,000.20 $112,000.20 NA $20 N/A TUJ $218.50 $285.20 $66.70 5230 $25 John Parker Period Gross Earnings Federal Income Tax State Income Tax Social Security Tax Medicare Tax 401(k) Charitable Deduction Cont. 1st quarter $50,750.05 $11,035.18 $2,537.47 $3,146.52 $735.93 50 $260 2nd quarter $50,750.05 $11,035.18 $2,537.47 $3,146.52 $735.93 $260 50 $0 3rd quarter $50,750.05 $11,035.18 $2,537.47 $735.93 $260 October $15,615.40 $780.76 $1,667.76 $0 $0 $226.44 50 $3,395.44 $4,244.30 $80 November $19,519.25 $975.95 $283.05 SO $100

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