Question: How do i journal these? a . January 1 5 , Record the payroll ( Use salaries and wages payable as the account for net
How do i journal these?
a January Record the payroll Use salaries and wages payable as the account for net pay
b January Record the payroll taxes for the employer assuming FUTA is $ and SUTA is $
c January Pay the employees
d January Issue a check to remit the social security and medicare
e January Purchased merchandise on account from Sewilo Store $
f January Accrue $ of vacation pay
g February Issued a day, note for $ to Sewilo Store, on account
h April Paid Sewilo store the amount owed on the note from February
i December Borrowed $ from US Bank issuing a day, note
j December Accrued interest on December note
k January Paid the amount due US Bank on the December note based of this chart begintabularccccccccccccccccccccccccc
hline multicolumncPayroll For Week Ending January Y Y
hline & multicolumnlmultirowbbegintabularl
Hourly Wage or
Salary Amount
endtabular & multirowbbegintabularl
Total
Hours
endtabular & multicolumncEarnings & multicolumncDeductions & multicolumnrPaid & multicolumnrAccounts Debited
hline Employee & & & & multicolumnlRegular & multicolumnlOvertime
X & multicolumnlbegintabularl
Total
Earnings
endtabular & multicolumnlbegintabularc
hline Social
Security Tax
hline
endtabular & multicolumnlbegintabularl
Medicare
Tax
endtabular & multicolumnrbegintabularl
Federal Income
Tax
endtabular & multicolumnlbegintabularl
Total
Deductions
endtabular & multicolumnlNet Pay & begintabularl
Ck
No
endtabular & multicolumnrbegintabularl
Wages
Expense
endtabular & multicolumnrbegintabularl
Salaries
Expense
endtabular
hline Blanda & $ & & & $ & & $ & & $ & & $ & & $ & & $ & & $ & & $ & & & $ & & $ &
hline Dawson & $ & & & $ & & $ & & & & $ & & $ & & $ & & $ & & $ & & & $ & & $ &
hline Fouts & $ & & & $ & & $ & & & & $ & & $ & & $ & & $ & & $ & & & & & $ &
hline Marino & $ & & Salary & $ & & $ & & $ & & $ & & $ & & $ & & $ & & $ & & & $ & & &
hline Starr & $ & & Salary & $ & & $ & & & & $ & & $ & & $ & & $ & & $ & & & $ & & $ &
hline Total & & $ & & & $ & & $ & & & & $ & & $ & & $ & & & & & & & $ & & $
hline
endtabular
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