Excalibur Publishing has two office employees. A summary of their earnings and the related...

Excalibur Publishing has two office employees. A summary of their earnings and the related taxes withheld from their pay for the week ending August 7, 2013, follows.

1. Prepare the general journal entry to record the company’s payroll for the week. Use the account names given in this chapter. Use 16 as the page number for the general journal.

2. Prepare the general journal entry to summarize the checks to pay the weekly payroll.