MODULE 5 ASSIGNMENT

Module 05 Assignment - Payroll Transactions
1. Calculate payroll for Karen Rodriguez and Adam Seyd for the June 14th and June 28th payrolls.
These employees are paid bi-weekly, meaning every other week.
June 14 Payroll	Karen Rodriguez	Adam Seyd	Total
Gross Pay
FICA Tax
Federal Income Tax
State Income Tax
Net Pay
June 28 Payroll	Karen Rodriguez	Adam Seyd	Total
Gross Pay
FICA Tax
Federal Income Tax
State Income Tax
Net Pay
2. Journalize the transactions necessary to record the payrolls.
Date	Account	Debit	Credit
6/14	Wages Expense
	FICA Tax Payable
	Federal Income Tax Payab;e
	State Income Tax Payable
	Cash
6/14	Payroll Tax Expense
	FICA Tax Payable
	Federal Unemployment Payable
	State Unemployment Payable
6/28	Wages Expense
	FICA Tax Payable
	Federal Income Tax Payab;e
	State Income Tax Payable
	Cash
6/28	Payroll Tax Expense
	FICA Tax Payable
	Federal Unemployment Payable
	State Unemployment Payable
Totals
3. Address the following questions: