Ondria Industries has the following payroll information for the semimonthly pay period ending April 30, 20XX Gross pay $ 315,028 69 Federal withholding tax $ 31,570 00 Social Security tax $ 18,921 08 Medicare tax $ 4,425 09 401(k) contributions $ 12,601 15 Health Insurance $ 9,850 00 Garnishment $ ...

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Ondria Industries has the following payroll information for the semimonthly pay period ending April 30, 20XX: Gross

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Ondria Industries has the following payroll information for the semimonthly pay period ending April 30, 20XX:

Gross pay	$ 315,028.69
Federal withholding tax	$ 31,570.00
Social Security tax	$ 18,921.08
Medicare tax	$ 4,425.09
401(k) contributions	$ 12,601.15
Health Insurance	$ 9,850.00
Garnishment	$ 2,135.00
Net pay	$ 235,526.37

Which items would be debited in the General Journal entry to record the employees' share of the payroll?

a. 401(k) contributions, $12,601.15

b. Garnishments, $2,135.00

c. Gross pay, $315,028.69

d. Net Pay, $235,526.37

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College Accounting A Contemporary Approach

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Authors: David Haddock, John Price, Michael Farina

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Posted Date: Dec 15, 2023 07:33 AM

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Ondria Industries has the following payroll information for the semimonthly pay period ending April 30, 20XX: Gross

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