Semaj Jarvis manages a Valentinos restaurant. His straight-time pay is $20 per hour, with time-and-a-half for hours

Question:

Semaj Jarvis manages a Valentino’s restaurant. His straight-time pay is $20 per hour, with time-and-a-half for hours in excess of 40 per week. Jarvis’ payroll deductions include withheld income tax of 20%, FICA tax, and a weekly deduction of $10 for a charitable contribution to a charity fund. Jarvis worked 52 hours during the week. 


Requirements 

1. Compute Jarvis’ gross pay and net pay for the week. Assume earnings to date are $10,000. 

2. Journalize Valentino’s wages expense accrual for Jarvis’ work. An explanation is not required. 

3. Journalize the subsequent payment of wages to Jarvis.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: