Question: Help Please! Your answer is partially correct. Try again. Beth Corbin's regular hourly wage rate is $20, and she receives an hourly rate of $30
Help Please!
Your answer is partially correct. Try again. Beth Corbin's regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January pay period, Beth works 46 hours. Beth's federal income tax withholding is $95, and she has no voluntary deductions. Use January 15 for the end of the pay period and the payment date. Prepare the journal entries to record (a) Beth's pay for the period and (b) the payment of Beth's wages. (Assume FICA rate of 7.65%. Round your answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation Credit (a) Jan. 15TSalaries and Wages Expen 980 Salaries and Wages Pay 74.97 Federal Income Taxes F 95 FICA Taxes Payable 810.03 (b) Jan. 15Salaries and Wages Payab 810.03 Cash 810.03
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