Jennifer Strand's regular hourly wage rate is $30, and she receives an hourly rate of $45...
Lisa Strand's regular hourly wage rate is $26, and she receives an hourly rate of $39 for work in excess of 40 hours. During a January pay period, Lisa works 46 hours. Lisa's federal income tax withholding is $86, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places, es. 15.15. Credit account titles are...
Current Attempt in Progress Veronica Strand's regular hourly wage rate is $18, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Veronica works 47 hours. Veronica's federal income tax withholding is $87, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65 %. Prepare a tabular summary to record the employer's payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places,...
Your answer is partially correct. Try again. Helen Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period, Helen works 47 hours. Helen's federal income tax withholding is $86, and she has no voluntary deductions. Assu untary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers...
Sandra Strand's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Sandra works 46 hours. Sandra's federal income tax withholding is $91.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record(a) Sandra's pay for the period and (b) the payment of Sandra's wages. Use January 15 for the end of the...
Laura Strand's regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January pay period. Laura works 45 hours. Laura's federal income tax withholding is $94, and she has no voluntary deductions. Compute Laura Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Laura's gross earnings $ 950 Laura's net...
Sharon Strand's regular hourly wage rate is $22. and she receives an hourly rate of $33 for work in excess of 40 hours. During a january pay period. Sharon works 46 hours. Sharon's federal income tax withholding is $92.00 and she has no voluntary deductions. Assume that the FICA tax rate is 7.65% Prepare the employer's journal entries to record(a) Sharon's pay for the period and (b) the payment of Sharon's wages. Use January 15 for the end of the...
Tami Strand's regular hourly wage rate is $10, and she receives an hourly rate of $20 for work in excess of 40 hours. During a January pay period, Tami works 46 hours. Tami's federal income tax withholding is $92, and she has no voluntary deductions. Compute Tami Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Tami Strand's gross earnings $ Tami Strand's...
Helen Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period Helen works 47 hours. Helen's federal income tax withholding is $86.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (al Heler's pay for the period and (b) the payment of Helen's wages. Use January 15 for the end of...
A) Beth Corbin’s regular hourly wage rate is $22, and she
receives an hourly rate of $33 for work in excess of 40 hours.
During a January pay period, Beth works 45 hours. Beth’s federal
income tax withholding is $94, and she has no voluntary deductions.
Use January 15 for the end of the pay period and the payment
date.
Prepare the journal entries to record (a) Beth’s pay for the period
and (b) the payment of Beth’s wages.
(Assume...
Nancy Strand’s regular hourly wage rate is $32, and she receives an hourly rate of $48 for work in excess of 40 hours. During a January pay period, Nancy works 46 hours. Nancy’s federal income tax withholding is $87, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer’s journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places, e.g. 15.15. Credit account titles are...