Establish and maintain payroll systems In Australia

Regal Industries provides you with the following information for the payroll week ended 14 December:

Name	Hours Worked	Rate per hour	PAYG Withheld
A Harris	40	$21.00	$175.00
B Dawe	45	$19.00	$57.00
C Carter	35	$26.00	$103.00

• Assume there are 35 hours in a normal working week; excess hours are paid at time and a half.
• Additional personal superannuation contributions were deducted for:

Harris$32.00

Carter$48.00

• All employees are paid in a batch by electronic transfer. For the purposes of this exercise, you arenotrequired to calculate employer Superannuation Guarantee.

Required:

a. Prepare the Payroll Register for the pay week ended 14 December.

	Regal Industries - Payroll Register - week ended 14 December
		Hours	Earnings ($)	Deductions ($)
Name	Rate ($)	Ordinary	Times 1.5	Ordinary	Times 1.5	Gross Pay	Tax	Super	Net Pay ($)
Harris	21.00	Answer for part 1	Answer for part 2	Answer for part 3	Answer for part 4	Answer for part 5	Answer for part 6	Answer for part 7	Answer for part 8
Dawe	19.00	Answer for part 9	Answer for part 10	Answer for part 11	Answer for part 12	Answer for part 13	Answer for part 14	Answer for part 15	Answer for part 16
Carter	26.00	Answer for part 17	Answer for part 18	Answer for part 19	Answer for part 20	Answer for part 21	Answer for part 22	Answer for part 23	Answer for part 24
Total	Answer for part 25	Answer for part 26	Answer for part 27	Answer for part 28	Answer for part 29	Answer for part 30	Answer for part 31	Answer for part 32

b. Prepare the Journal Entry to record the payroll for the week ended 14 December

General Journal
Date	Particulars	Debit	Credit
14 Dec	Wages Expense	Answer for part 33
Electronic clearing		Answer for part 34
PAYG Withholding payable		Answer for part 35
Superannuation payable		Answer for part 36
Payroll for week ending 14December (as per Payroll Register)

c. Prepare the Journal Entry to record the payment of net wages by EFT batch.

General Journal
Date	Particulars	Debit	Credit
14 Dec	Electronic clearing	Answer for part 37
Bank account		Answer for part 38
Wages paid by EFT batch for week ending 14December