1. Calculate wages and withholding all empoloyees. Complete the Payroll Register. Include column totals req'd.

2. Journalize the June 30 , 2013 payroll register.

3. Journalize paying the employees.

4. Journalize the Employer Payroll expense. July 3rd Use "Payroll Expense"

Employer paid health insurance is $100 per employee per payroll period.

      FUTA is .8%,   SUTA is 4%.    Federal income tax withholding tables in tabs below:

      Winnie Wu FIT is $1,000.00

      FUTA and SUTA limits are $7,000.   Social Security limit is $117,000

      Use GL account names listed on the right for your journal entries. 

Payroll Register June 30, 2013

Employee

Marital Status

Number of Exemptions

Pay Rate

Hours worked this week

Cumulative Earnings prior

Regular Time Earnings

Overtime Earnings

Gross Earnings

Cumulative Earnings after

Social Security Wages

Medicare Wages

Soc Sec W/H 6.2%

Medicare W/H 1.45%

Federal Income Tax W/H

Net Pay

Wages Expense

Nelda Anderson

Married

3

9.50

50

6,700

Earl Benson

Married

4

11.00

46

6,600

Frank Cortez

Single

2

10.00

48

8,000

Winnie Wu

Single

3

90.00

45

114,000