Question: Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Hours Hourly Weekly Federal Retirements
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Payroll Register
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8:
Hours Hourly Weekly Federal Retirements Employee Worked Rate Salary Income Tax Savings Aaron 43 $26 $266.11 $45 Cobb 48 44 491.92 100 Clemente 45 34 306.85 90 DiMaggio 35 28 205.8 80 Griffey, Jr. 41 42 366.03 75 Mantle $2,120 508.80 40 Robinson 36 30 162.00 95 Williams 2,370 521.40 100 Vaughn 44 40 368.00 60 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901.
Required:
1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places).
Payroll for Week Ending December 9, 20Y8 Earnings Deductions Withheld Paid Accounts Debited Name Total Hours Regular Overtime Total Social Security Tax Medicare Tax Federal Income Tax Retirement Savings Total Net Pay Ck. No. Sales Salaries Expense Office Salaries Expense Aaron 43 $fill in the blank b10ed204501ffe8_1 $fill in the blank b10ed204501ffe8_2 $fill in the blank b10ed204501ffe8_3 $fill in the blank b10ed204501ffe8_4 $fill in the blank b10ed204501ffe8_5 $266.11 $45 $fill in the blank b10ed204501ffe8_6 $fill in the blank b10ed204501ffe8_7 901 $fill in the blank b10ed204501ffe8_8 Cobb 48 fill in the blank b10ed204501ffe8_9 fill in the blank b10ed204501ffe8_10 fill in the blank b10ed204501ffe8_11 fill in the blank b10ed204501ffe8_12 fill in the blank b10ed204501ffe8_13 491.92 100 fill in the blank b10ed204501ffe8_14 fill in the blank b10ed204501ffe8_15 902 fill in the blank b10ed204501ffe8_16 Clemente 45 fill in the blank b10ed204501ffe8_17 fill in the blank b10ed204501ffe8_18 fill in the blank b10ed204501ffe8_19 fill in the blank b10ed204501ffe8_20 fill in the blank b10ed204501ffe8_21 306.85 90 fill in the blank b10ed204501ffe8_22 fill in the blank b10ed204501ffe8_23 903 fill in the blank b10ed204501ffe8_24 DiMaggio 35 fill in the blank b10ed204501ffe8_25 fill in the blank b10ed204501ffe8_26 fill in the blank b10ed204501ffe8_27 fill in the blank b10ed204501ffe8_28 205.80 80 fill in the blank b10ed204501ffe8_29 fill in the blank b10ed204501ffe8_30 904 fill in the blank b10ed204501ffe8_31 Griffey, Jr. 41 fill in the blank b10ed204501ffe8_32 fill in the blank b10ed204501ffe8_33 fill in the blank b10ed204501ffe8_34 fill in the blank b10ed204501ffe8_35 fill in the blank b10ed204501ffe8_36 366.03 75 fill in the blank b10ed204501ffe8_37 fill in the blank b10ed204501ffe8_38 905 fill in the blank b10ed204501ffe8_39 Mantle fill in the blank b10ed204501ffe8_40 fill in the blank b10ed204501ffe8_41 fill in the blank b10ed204501ffe8_42 508.80 40 fill in the blank b10ed204501ffe8_43 fill in the blank b10ed204501ffe8_44 906 $fill in the blank b10ed204501ffe8_45 Robinson 36 fill in the blank b10ed204501ffe8_46 fill in the blank b10ed204501ffe8_47 fill in the blank b10ed204501ffe8_48 fill in the blank b10ed204501ffe8_49 162.00 95 fill in the blank b10ed204501ffe8_50 fill in the blank b10ed204501ffe8_51 907 fill in the blank b10ed204501ffe8_52 Williams fill in the blank b10ed204501ffe8_53 fill in the blank b10ed204501ffe8_54 fill in the blank b10ed204501ffe8_55 521.40 100 fill in the blank b10ed204501ffe8_56 fill in the blank b10ed204501ffe8_57 908 fill in the blank b10ed204501ffe8_58 Vaughn 44 fill in the blank b10ed204501ffe8_59 fill in the blank b10ed204501ffe8_60 fill in the blank b10ed204501ffe8_61 fill in the blank b10ed204501ffe8_62 fill in the blank b10ed204501ffe8_63 368.00 60 fill in the blank b10ed204501ffe8_64 fill in the blank b10ed204501ffe8_65 909 fill in the blank b10ed204501ffe8_66 Totals $fill in the blank b10ed204501ffe8_67 $fill in the blank b10ed204501ffe8_68 $fill in the blank b10ed204501ffe8_69 $fill in the blank b10ed204501ffe8_70 $fill in the blank b10ed204501ffe8_71 $fill in the blank b10ed204501ffe8_72 $fill in the blank b10ed204501ffe8_73 $fill in the blank b10ed204501ffe8_74 $fill in the blank b10ed204501ffe8_75 $fill in the blank b10ed204501ffe8_76 $fill in the blank b10ed204501ffe8_77 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank.
Medicare Tax ExpenseRetirement Savings Deductions PayableSalaries PayableSales Salaries ExpenseSocial Security Tax Payable
- Select - - Select - Medicare Tax ExpenseOffice Salaries ExpenseRetirement Savings Deductions PayableSalaries PayableSocial Security Tax Payable
- Select - - Select - CashOffice Salaries ExpenseSales Salaries ExpenseSocial Security Tax ExpenseSocial Security Tax Payable
- Select - - Select - CashMedicare Tax ExpenseMedicare Tax PayableOffice Salaries ExpenseSales Salaries Expense
- Select - - Select - CashEmployees Federal Income Tax ExpenseEmployees Federal Income Tax PayableOffice Salaries ExpenseSales Salaries Expense
- Select - - Select - Bond Deductions PayableCashOffice Salaries ExpenseRetirement Savings Deductions PayableSales Salaries Expense
- Select - - Select - Accounts ReceivableCashOffice Salaries ExpenseSalaries PayableSales Salaries Expense
- Select - - Select -
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