Charles Merrill owns a housekeeping service, Charles' Cleaners, in Florida. No employee has exceeded the Social...

 

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Charles Merrill owns a housekeeping service, Charles' Cleaners, in Florida. No employee has exceeded the Social Security tax wage base. Total, prove, and rule the entries. Use the wage bracket method in the federal tax table in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Using the payroll register, complete the General Journal entry for the employees' pay for the July 13 pay date. Paychecks will be issued on July 18. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No 1 Date Jul 13 General Journal Salaries and wages expense Social security tax payable Federal income tax payable Medicare tax payable United way contributions payable Salaries and wages payable Debit Credit 163.87 107.00 38.34 60.00 1,863.92 Required information [The following information applies to the questions displayed below.] Charles Merrill owns a housekeeping service, Charles' Cleaners, in Florida. No employee has exceeded the Social Security tax wage base. Total, prove, and rule the entries. Use the wage bracket method in the federal tax table in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Using the payroll register, complete the General Journal entry for the employer's share of the payroll taxes for the July 13 pay date. Assume 5.4 percent SUTA and 0.6 percent FUTA tax rates and that $1,352.40 is subject to FUTA/SUTA taxes. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date 1 Jul 13 Payroll taxes expense General Journal Social security tax payable Medicare tax payable Federal unemployment tax payable State unemployment tax payable Debit Credit 163.87 38.34 Using the employee payroll register entry, post the July 13 employee pay for Charles' Cleaners to the selected General Ledger accounts shown below. Employees are paid weekly. Account: Salaries and Wages Payable Date Jul 13 Debit Credit Balance Account: Employee Federal Income Tax Payable Date Jul 13 Date Jul 13 Date Jul 13 Date Jul 13 Debit Credit Account: Social Security Tax Payable Debit Credit Account: Medicare Tax Payable Debit Credit Account: Salaries and Wages Expense Debit Credit Balance Balance Balance Balance < Prev 9 10 11 of 13 Next > Using the employee payroll entry, complete the General Journal entry for the issuance of the pay for the July 13 pay date. The date of the checks is July 18, 2018. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the employees' pay for the July 18 pay date. Note: Enter debits before credits. Date Jul 18 General Journal Debit Credit n Date R Date 07/13/2018 Company Name: Charles' Cleaners 07/18/2018 Check Date: 7/18/2018 No. of # M/S W/H Hourly Rate Regular Hours No. of Overtime Hours Taxable # Holiday Commissions Hours Gross Earnings Cafeteria 401(k) Wages for Plan Federal Taxable Wages for FICA M 3 $ 8.30 40 4 $ 381.80 $ 55.00 $ 326.80 $ 381.80 S 1 $ 9.90 30 $ 297.00 $ 50.00 $ 247.00 $ 297.00 S 0 $ 9.80 36.5 $ 357.70 $ 357.70 $ 357.70 S 1 $ 9.94 40 $ 397.60 $ 397.60 $ 397.60 M 4 $ 10.80 35 $ 378.00 $ 60.00 $ 10.00 $ 308.00 $ 368.00 S 2 $ 10.90 40 3 $ 485.05 $ 50.00 $ 435.05 $ 485.05 S 1 $ 10.90 40 $ 436.00 $ 80.00 $ 356.00 $ 356.00 Totals $ 2,733.15 $ 215.00 $ 90.00 $ 2,428.15 $ 2,643.15 Taxable Taxable Social Gross Earnings Wages Wages for Federal W/H Security Medicare Tax State W/H Garnishment United Way Net Pay Check No. for Federal FICA Tax $ 381.80 $ 326.80 $ 381.80 $ 0.00 $ 23.67 $ 5.54 $ $ 297.00 $ 247.00 $ 297.00 $ 9.00 $ 18.41 $ 4.31 $ 15.00 $ 352.60 200.28 $ 357.70 $ 357.70 $ $ 397.60 $ $ 378.00 $ $ 485.05 $ $ 436.00 $ 397.60 308.00 $ 435.05 $ 356.00 Totals $ 2,733.15 $ 2,428.15 $ 357.70 397.60 $ 368.00 $ 485.05 $ 356.00 $ 2,643.15 $ 30.00 $ 22.18 $ 5.19 $ 145.00 $ 155.31 0.00 26.00 $ $ 24.65 5.77 35.00 306.18 22.82 $ 5.34 $ 279.84 12.00 $ 30.07 $ 7.03 $ 10.00 $ 375.95 21.00 $ 22.07 5.16 307.77 $ 98.00 $ 163.87 $ 38.34 $ 145.00 $ 60.00 $ 1,977.93 Charles Merrill owns a housekeeping service, Charles' Cleaners, in Florida. No employee has exceeded the Social Security tax wage base. Total, prove, and rule the entries. Use the wage bracket method in the federal tax table in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Using the payroll register, complete the General Journal entry for the employees' pay for the July 13 pay date. Paychecks will be issued on July 18. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No 1 Date Jul 13 General Journal Salaries and wages expense Social security tax payable Federal income tax payable Medicare tax payable United way contributions payable Salaries and wages payable Debit Credit 163.87 107.00 38.34 60.00 1,863.92 Required information [The following information applies to the questions displayed below.] Charles Merrill owns a housekeeping service, Charles' Cleaners, in Florida. No employee has exceeded the Social Security tax wage base. Total, prove, and rule the entries. Use the wage bracket method in the federal tax table in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Using the payroll register, complete the General Journal entry for the employer's share of the payroll taxes for the July 13 pay date. Assume 5.4 percent SUTA and 0.6 percent FUTA tax rates and that $1,352.40 is subject to FUTA/SUTA taxes. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date 1 Jul 13 Payroll taxes expense General Journal Social security tax payable Medicare tax payable Federal unemployment tax payable State unemployment tax payable Debit Credit 163.87 38.34 Using the employee payroll register entry, post the July 13 employee pay for Charles' Cleaners to the selected General Ledger accounts shown below. Employees are paid weekly. Account: Salaries and Wages Payable Date Jul 13 Debit Credit Balance Account: Employee Federal Income Tax Payable Date Jul 13 Date Jul 13 Date Jul 13 Date Jul 13 Debit Credit Account: Social Security Tax Payable Debit Credit Account: Medicare Tax Payable Debit Credit Account: Salaries and Wages Expense Debit Credit Balance Balance Balance Balance < Prev 9 10 11 of 13 Next > Using the employee payroll entry, complete the General Journal entry for the issuance of the pay for the July 13 pay date. The date of the checks is July 18, 2018. Employees are paid weekly. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 Record the employees' pay for the July 18 pay date. Note: Enter debits before credits. Date Jul 18 General Journal Debit Credit n Date R Date 07/13/2018 Company Name: Charles' Cleaners 07/18/2018 Check Date: 7/18/2018 No. of # M/S W/H Hourly Rate Regular Hours No. of Overtime Hours Taxable # Holiday Commissions Hours Gross Earnings Cafeteria 401(k) Wages for Plan Federal Taxable Wages for FICA M 3 $ 8.30 40 4 $ 381.80 $ 55.00 $ 326.80 $ 381.80 S 1 $ 9.90 30 $ 297.00 $ 50.00 $ 247.00 $ 297.00 S 0 $ 9.80 36.5 $ 357.70 $ 357.70 $ 357.70 S 1 $ 9.94 40 $ 397.60 $ 397.60 $ 397.60 M 4 $ 10.80 35 $ 378.00 $ 60.00 $ 10.00 $ 308.00 $ 368.00 S 2 $ 10.90 40 3 $ 485.05 $ 50.00 $ 435.05 $ 485.05 S 1 $ 10.90 40 $ 436.00 $ 80.00 $ 356.00 $ 356.00 Totals $ 2,733.15 $ 215.00 $ 90.00 $ 2,428.15 $ 2,643.15 Taxable Taxable Social Gross Earnings Wages Wages for Federal W/H Security Medicare Tax State W/H Garnishment United Way Net Pay Check No. for Federal FICA Tax $ 381.80 $ 326.80 $ 381.80 $ 0.00 $ 23.67 $ 5.54 $ $ 297.00 $ 247.00 $ 297.00 $ 9.00 $ 18.41 $ 4.31 $ 15.00 $ 352.60 200.28 $ 357.70 $ 357.70 $ $ 397.60 $ $ 378.00 $ $ 485.05 $ $ 436.00 $ 397.60 308.00 $ 435.05 $ 356.00 Totals $ 2,733.15 $ 2,428.15 $ 357.70 397.60 $ 368.00 $ 485.05 $ 356.00 $ 2,643.15 $ 30.00 $ 22.18 $ 5.19 $ 145.00 $ 155.31 0.00 26.00 $ $ 24.65 5.77 35.00 306.18 22.82 $ 5.34 $ 279.84 12.00 $ 30.07 $ 7.03 $ 10.00 $ 375.95 21.00 $ 22.07 5.16 307.77 $ 98.00 $ 163.87 $ 38.34 $ 145.00 $ 60.00 $ 1,977.93