Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The payroll records of Renker Video Productions Inc. provide the following information for the weekly pay period ended September 21. Click the icon to view

The payroll records of Renker Video Productions Inc. provide the following information for the weekly pay period ended September 21. Click the icon to view the payroll records.) Camille Fourier and Carlos Buenos work in the office, and Lonnie Brewster and Dante Rizze work in sales. All employees are paid time and a half for hours worked in excess of 40 hours per week. Assume that the cam contributes an amount equal to 8 percent of each employee's gross pay to a retirement program Each employee also accrues 4 percent vacation pay based on gross pay Show computations. Required Requirement 2. Record the payroll information in the general journal, crediting net pay to Cash (Record debits first, then credits. Exclude explanations from journal entries. Round your answers to the neares General Journal Accounts Date Sept 21 Debit Credit Choose from any st or enter any number in the input fields and then continue to the next question eds of Ronker Video Productions Inc. provide the following information for the weekly pay period ended September 21. con to view the payroll r and Carlos Buenas work mount equal to 8 percent Payroll records - X week. Assume the Hourly Enter the appropriate inf Hours Earnings Income Canada Pension Year-to-date Earnings Gross Employee Worked Rate Tax Plan Employment United Insurance Way at the End of the Previous Week Straight Lonnie Brewster 44 S 36 $ 478.50 $ 0.00 $ 0.00 $ 31 $ 63.250 s Time Overt Camille Fournier 40 17 163.20 30.33 11.29 75 20,100 Carlos Buenes 49 15 192 60 36.39 13.32 75 22,000 Dante Rizzo 45 24 319.20 0.00 0.00 95 57,500 The payroll records of Renker Video Productions Inc. provide the following information for the weekly pay period ended September 21. (Click the icon to view the payroll records.) Camille Fourier and Carlos Buenos work in the office, and Lonnie Brewster and Dante Rizzo work in sales All employees are paid time and a half for hours worked in exces contributes an amount equal to 8 percent of each employee's gross pay to a retirement program. Each employee also accrues 4 percent vacation pay based on gross pay. S Required Requirement 1. Enter the appropriate information in a payroll register. (Round each answer to the nearest cent. Enter a value in every cell.) This Question: 15 pts Gross pay Deductions Employee Straight Name Hrs Time Overtime Total Income Tax United CPP Way Total Net Pay Amount Pension L Brewster C. Fournier C Choose from any list or enter any number in the input fields and then continue to the next question. C. Buenos D. Rizzo Total " Type here to searchimage text in transcribedimage text in transcribedimage text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Construction Accounting And Financial Management

Authors: Steven J. Peterson

3rd Edition

0132675056, 978-0132675055

More Books

Students also viewed these Accounting questions

Question

Contrast positive motivation with negative motivation.

Answered: 1 week ago

Question

The role of life: It consists of your own service to yourself.

Answered: 1 week ago