The payroll register of Woodard Construction Co. indicates $2,552 of social security withheld and $660 of Medicare
Question:
The payroll register of Woodard Construction Co. indicates $2,552 of social security withheld and $660 of Medicare tax withheld on total salaries of $44,000 for the period.
Federal withholding for the period totaled $8,712.
Provide the journal entry for the period’s payroll.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (18 reviews)
Salaries Expense 44000 Social S...View the full answer
Answered By
Shristi Singh
A freshman year metallurgy and material science student in India.
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
The payroll register of Tri-State Construction Co. indicates $25,650 of social security withheld and $6,750 of Medicare tax withheld on total salaries of $450,000 for the period. Assume earnings...
-
The payroll register of Shortman Co. indicates $3,240 of social security withheld and $810 of Medicare tax withheld on total salaries of $54,000 for the period. Earnings of $5,000 are subject to...
-
The payroll register of Calpton Co. indicates $11,340 of social security withheld and $2,625 of Medicare tax withheld on total salaries of $189,000 for the period. Earnings of $19,000 are subject to...
-
Comparative financial statements of the Boeckman Company for 2009 and 2010 are as follows: Comparative Balance Sheets Comparative Income Statements Additional information: The Boeckman Company is...
-
BooBoo's Home Health Care has the following adjusted account balances at April 30, 2017. All accounts have normal balances. Prepare the current asset section of BooBoo's balance sheet. Account Title...
-
The accountant for Nelly's Dress Shop prepared the fourth quarter 2017 cash budget that appears on the following spreadsheet. Nelly's has a policy to maintain a minimum cash balance of $14,000 before...
-
JoAnn's Bridal Shops earned net income of \($80,000,\) which included depreciation of \($15,000.\) JoAnn's paid \($120,000\) for a building and borrowed \($60,000\) on a long-term note payable. How...
-
Jan, Kim, and Lee announce plans to liquidate their partnership immediately. The assets, equities, and profit and loss sharing ratios are summarized as follows. The other assets are sold for...
-
CoursHeroTranscribedText You have been recruited by a former classmate, Susanna Wu, to join the finance team of a company that she founded recently. The company produces a unique product line of...
-
An aircraft engine is fitted with a single-sided centrifugal compressor. The aircraft flies with a speed of 230 m/s at an altitude where the pressure is 0.23 bar and temperature 217 K. The intake...
-
Todd Hackworths weekly gross earnings for the week ending December 18 were $2,000, and his federal income tax withholding was $396.19. Prior to this week, Hackworth had earned $98,500 for the year....
-
The payroll register of Woodard Construction Co. indicates $2,552 of social security withheld and $660 of Medicare tax withheld on total salaries of $44,000 for the period. Assume earnings subject to...
-
Do you agree that there would be 80% to 90% agreement on whether an applicant possesses the 13 traits? Do you think Chipotle should assess the traits with an interview or with a more formal...
-
The company has been plagued by disorganized projects that are not in alignment with business goals, and not focused on interactivity between the projects where applicable. They want to have a better...
-
Project A is four months long, has four stakeholders, and has completed planning. Project B is 12 months long, has 10 stakeholders, and is in execution. Project C is 12 months long, has four...
-
You are the project manager on a defense project and are creating a network diagram. Activity A (7 days) and Activity B (12 days) can start immediately. Activity C (3 days) can start after Activity A...
-
Activity A is worth \($800,\) is 100% complete, and actually cost \($800.\) Activity B is worth \($300,\) is 90% complete, and actually cost \($480\) so far. Activity C is worth \($800,\) is 75%...
-
The Timoshenko beam model is more accurate than the Euler-Bernoulli beam model because it includes the effects of ___________________ and _______________________.
-
You have just been hired as a book representative for Pearson Education. On your first day, you must travel to seven schools to introduce yourself. How many different routes are possible? Approach...
-
The area of a rectangle is 30 cm 2 and its perimeter is 26 cm. Find the length and width of the rectangle.
-
When can the relative location technique for record organization be problematic? a. When there are many missing values in records. b. When there is a large number of records. c. When there are many...
-
Treatment of Various Interim Reporting Situations the following statement is an excerpt from the FASB pronouncement related to interim reporting. Interim financial information is essential to provide...
-
Treatment of Various Interim Reporting Situations the following statement is an excerpt from the FASB pronouncement related to interim reporting. Interim financial information is essential to provide...
-
Financial Forecasts an article in Barrons noted the following. Okay. Last fall, someone with a long memory and an even longer arm reached into that bureau drawer and came out with a moldy cheese...
-
Employee longevity A large insurance company has developed a model to identify the factors associated with employee turnover. The dependent variable is number of years an employee stays with the...
-
5. Consider the 'top-hat' function which is zero everywhere except between -1 and 1 where it takes value 1. Show, using only elementary integration, that the convolution of this function with itself...
-
HERE IS THE SITUATION. With attendance plummeting by 50 percent in the past decade, a new, younger executive director was hired to reverse the trend. By understanding the importance of integrating...
Study smarter with the SolutionInn App