Question: Using the information in this Module under the assignments for Viking Company, do the following: 1 . Compute the total wages for all the employees
Using the information in this Module under the assignments for Viking Company, do the following:
Compute the total wages for all the employees per pay period weekly basis.
Compute the taxes due but not yet paid.
Pay the employees on the same pay date and record the payroll in the General Journal including the taxes owed but not paid.
Using forms and the Cash method of accounting prepare the federal form page onlyfor the month period.
Record pay all the taxes due and record in the General Journal format as paid. Submit all the answers to the fore going assignments.
The Viking company is a service company that started business On Novernber Listed are the employees of the company, number of hours worked pay per hour. All employees earn $ per hour unless otherwise noted below.
Name: Social Security # Pay per hour
Karen Gribb
Jason Hardy $
Richie Hastings Salary per week $
Josephine Mills $
Scotty Schneider $
Sandy Strawsw
Vick Travis
Mark Waller $
Chad Wellington $
Cherrie Wellington
Donna Jones
The Social Security and Medicare tax rate withheld from employees pay is
The employer's unemployment tax is on gross wages paid.
The employer's Labor and Industries tax is $ per hour worked.
All employees have claimed exempt from federal tax on their form W
Payroll dates:
Hours worked Hours worked Hours worked Hours worked
Karen Gribs
Jason Hardy
Richie Hastings
Josephine Mills
Scot Schneider
Sandy Straws
Vick Travis
