Using the employee payroll entry from P7-3B, complete the General Journal entry for the issuance of Cosmic

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Using the employee payroll entry from P7-3B, complete the General Journal entry for the issuance of Cosmic Comics’ pay for the September 18, 2017 pay date.


In P7-1B

Tony Stanford owns Cosmic Comics in Greensboro, NC. For the weekly payroll dated September 15, 2017, complete the payroll register. Checkswill be issued on September 19, 2017. Use the wage bracket method in the federal tax table in Appendix C. Assume 5.8% state income tax. No employee has exceeded the Social Security wage base. Total, prove, and rule the entries.

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Related Book For  answer-question

Payroll Accounting 2018

ISBN: 978-1259742514

4th edition

Authors: Jeanette Landin, Paulette Schirmer

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