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What are Andy Andersons cumulative earnings on June 30, 2019? (Round your intermediate calculations and final answer to 2 decimal places.) Homework Seve City Place
What are Andy Andersons cumulative earnings on June 30, 2019? (Round your intermediate calculations and final answer to 2 decimal places.)
Homework Seve City Place Movie Theaters has four employees and pays them on an hourly basis. Durng the week beginning June 24 and ending June 30, 2019. these employees worked the hours shown below. Information sbout hourly rates, marts status, withholding allowances, and cumulative eamings prior 1 week as overtime hours and overtime pay at one and one-half times their regular hourly rate. the current pay period also appears below Consider any hours worked beyond 400 in the Hourly Marital Withholding Status Cunulative Regular Hours orked Allowances Enploye Ane erson Rona Denson 11.se 972 Winter Wise 10.7e 14,668 Required 2 Compute the regular, overtime. and gross earnmings for each employee. Enter the figures in the payroil register rate on the firet $122 700 earnod ee.ursno tho vear Fotor r rcent social security 4. Compute the amount of Medicare tax to be withheld from each employee's earmings Assume a 145 percent Medicare tax rate on all salaries and wages eamed by the employee during the year Enter the figures in the payroll register 5. & Flgure 10.2b. Enter the figures In the cavroll register 6. Compute the net pay of each employee and enter the figures in the payroll register thheld from each employee's total earnings. Use the tax tables in Eloure 10.2a proe the payroll register record the payroll for the week ended June 30, 2019 9. Record the general journal entry to summartze payment of the payroll on July 3, 2019 Analyze: What are Andy Anderson's cumulative earnings on June 30, 2019? Prepare a general journal entry to record the payroll expenses and also summarize payment of the payroll for the week ended June 30, and July 3, 2019. (Round your intermediate calculations and final answers to 2 decimal places.) oints View transsction Bet Book Journal entry worksheet Print 1 2 Record the company's payroll to be paid at a later date References Nate: Enter debits before credits Date General Journal Debit Credit June 30, 2019 Record entry Clear entry View general journalStep by Step Solution
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