Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The payroll records of Brownlee Company provided the following information for the weekly pay period ended March 23, 2018: Required: 1. Enter the relevant information
The payroll records of Brownlee Company provided the following information for the weekly pay period ended March 23, 2018: Required: 1. Enter the relevant information in the proper columns of a payroll register and complete the register, calculate CPP and El deductions. Charge the wages of Kathy Sousa to Office Wages Expense and the wages of the remaining employees to Service Wages Expense. Calculate income tax deductions at 20% of gross pay. Employees are paid an overtime premium of 50% for all hours in excess of 40 per week. (Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank.) Payroll Week Ended March 23, 2018 Payroll Register Earnings Employee Daily Time Total O.T. Reg. Hospital Union O.T. No. Premium Gross Pay Hours Hours Pay Rate Insurance Regular Pay Dues Pay 11 43.00 48.00 24.00 1 12 Earnings to End of Previous Week 43.800 46,800 25,000 36,000 40,000 M T W T F S S 8 8 8 8 8 0 0 0 0 6 6 6 6 6 6 8 8 8 8 8 8 8 4 0 7 8 8 8 8 4 0 39.00 Employees Ray Loran Kathy Sousa Gary Smith Nicole Parton Diana Wood 24.00 2 48.00 48.00 13 40.00 22.00 3 14 43.00 48.00 23.00 4 15 8 8 8 0 8 4 4 44.00 22.00 5 48.00 240.00 115.00 Income Net Employment Insurance Hospital Insurance Union Dues Total Deductions Office Service Wages Expense Wages Expense CPP Tax Pay 1 48.00 24.00 2 24.00 | 48.00 48.00 22.00 23.00 4 48.00 5 48.00 22.00 115.00 240.00 2. Prepare General Journal entries to record the payroll register information, including the employer's expenses. (Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet Record the payroll register for the pay period ending March 23. Note: Enter debits before credits. General Journal Debit Credit Date Mar 23 Record entry Clear entry View general journal 2. Prepare General Journal entries to record the payroll register information, including the employer's expenses. (Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started