Question

journalize the following entries. i do not need to know the dollar amount just which accounts to use

30 33 TRANSACTION TRANSACTION TRANSACTION DESCRIPTION DATE Issued Check #2410 in the amount of $1,392.97 to Comptroller of Public January 13 Accounts (P.O. Box 149355, Austin, TX 78714) in payment of sales tax payable accrued during the period ending December 31. Issued Check #2411 in the amount of $61.68 to Texas Workforce January 13 Commission, P.O. Box 149037, Austin, TX 78714) in payment of SUTA taxes accrued during the period ending December 31. Received a partial payment of $300.00 on Invoice #215 from Monty & January 13 Keesha Moore, Customer Check #1552. (Hint: Because this is only a partial payment, they are not eligible for a discount) January 13 Received a partial payment of $1,000 on Invoice #207 from Davito & Company, Customer Check #01145. Issued Check #2412 in the amount of $545.55 to Manny's Janitorial Co., January 13 payment of Invoice #1234, balance due for December services. (Note: This invoice was recorded in December) Issued semimonthly payroll checks numbered 1203-1208 to employees. Jeanine Grady-salaried; federal income tax withholding. SI 20.34 Kimberly Lu-48 regular hours worked; federal income tax withholding, $19.33 Ron Petiyasalaried; federal income tax withholding. $211.40 Sharon Smith 80 regular hours and 2 overtime hours worked; federal 35 January 13 income tax withholding, $90.80 Felipe Tejada-80 regular hours and 5 overtime hours worked; federal income tax withholding, S41.07 Micah Voicht 60 regular hours worked: federal income tax withholding, $67.65 34 37 Prepare the payroll and journal entries, but you do not have to write out the paychecks. All employees pay for health insurance except for Kimberly Lu. Married rate is $95.00 and single rate is $50.00 Issued Check #2413 in the amount of the total net payroll checks issued January 13 to employees for deposit in the Payroll Checking Account Recorded deposit of referral fees for January 12: $45.00 from Cookies & January 16 Cakes of Gardendale and $257.00 from CeCe's Top Caterers. Billed Tristan & Jenna Wahlberg for their wedding reception, Invoice #219, terms 2/10, n/30. 2 hours Event Planning & Service @ S125 per hour 4 packages Like-China 6" Plates January 16 4 packages Like-Crystal 8 oz. Stemware 2 packages Like-Silver Forks 4 packages Wedding Favor Boxes Note: The Wahlbergs always pay within the discount period. Record the sale at the discounted amount. Apply sales tax on the gross amount. Received payment in full less the discount on Invoice #216 from January 16 Liondale Academy. Customer Check #5336. (Hint: This sale was initially recorded at the discounted amount.) 39

Answer 1

Date	Particulars	L.F	Debit	Credit
13 Jan	Sales tax payable A/c -Dr               To Bank A/c (Being sales tax paid via check #2410 to Comptroller of public accounts)		1392.97	1392.97
13 Jan	Suta taxes payable A/c -Dr                To Bank A/c ((Being Suta tax paid via check #2411 to Texas workforce commission)		61.68	61.68
13 Jan	Bank A/c- Dr                To Monty and Keesha moore (Being Part payment received from customer check #1552 against Invoice #215)		300.00	300.00
13 Jan	Bank A/c- Dr                To Davito & Company (Being Part payment received from customer check #01145 against Invoice #207)		1000.00	1000.00
13 Jan	Manny’s Janitorial company A/c – Dr               To Bank A/c (Being payment made against invoice #1234, for balance due of December services via check #2412)		545.55	545.55
13 Jan	Simple- enter the name of employee and pay through bank and then transfer employees to Employee cost account
13 Jan	Repeat the same entry
16 Jan	Deposits A/c – Dr        To Gardendale        To Cece (being Deposits received recorded in books)		302.00	45.00 257.00
Jan 16	Event planning & services A/c-Dr Discount   A/c – Dr         To Tristan and Jenna (being Services provided to Tristan and Jeena )		245.00 5.00	250.00
Jan 16	Bank A/c-Dr        To Liondale academy (Being net amount after discount received from client)