Journal Entry- Betsy Strand's | |||
Date | Account Tittle | Debit | Credit |
15-Jan | Salaries
and wages expense (26*40+39*7) |
$1,313.00 | |
Federal Income tax payable | 91 | ||
FICA Tax payable (1313*7.65%) | 100.4445 | ||
Salaries and wages payable | $1,121.56 | ||
15-Jan | Salaries and wages payable | $1,121.56 | |
Cash | $1,121.56 |
CALCULATOR PRINTER VERSION BACK NEXT Prepare the employer's journal entries to record (a) Betsy's pay for the...
Brief Exercise 10-6 Betsy Strand's regular hourly wage rate is $28, and she receives an hourly rate of $42 for work in excess of 40 hours. During a January pay period, Betsy works 47 hours. Betsy's federal income tax withholding is $88, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (a) Betsy's pay for the period and (b) the payment of Betsy's wages. Use January 15 for the end...
Brief Exercise 10-6 Your answer is partially correct. Try again. Betsy Strand's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Betsy works 47 hours. Betsy's federal income tax withholding is $91, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (a) Betsy's pay for the period and (b) the payment...
CALCULATOR PRINTER VERSION BACK Brief Exercise 10-7 Betsy 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, Betsy works 47 hours Betsy's federal income tax withholding is $98, and she has no voluntary deductions. Assume that the FTCA 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...
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...
Your answer is partially correct. Mary 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, Mary works 45 hours. Mary's federal income tax withholding is $85.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (a) Mary's pay for the period and (b) the payment of Mary's wages. Use January...
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...
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...
Bramble Corbin'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, Bramble works 45 hours. Bramble's federal income tax withholding is $98, she has no voluntary deductions, and the FICA tax rate is 7.65%, use January 15 for the end of the pay period and the payment date. Prepare the journal entries to record (a) Bramble's pay for the period and (b) the...
CALCULATOR PRINTER VERSION BACK NE rief Exercise 10-5 Betsy 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, Betsy works 46 hours. Betsy's federal income tax withholding is $92, and she has no voluntary deductions. Compute Betsy 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....
urrent Attempt in Progress Debra Strands 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. Debra works 48 hours Debra's federal income tax withholding is $89.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65% Prepare the employer's journal entries to record(a) Debra's pay for the period and (b) the payment of Debra's wages. Use January 15 for...