1. On September 30, the business ran payroll for their employee, Eddie. Crankshaftcustoms matches the FICA contribution that is withdrawn from Eddie's gross earnings.Payroll RegisterFor the period 9/1-9/30; Pay date Sept. 30Employee numberNameEdward G. JohnsonTotalhoursworked150Hours160Regular EarningsRate45Amount7200Hours20Overtime EarningsRate90Amount1800Hint: For calculating total payroll liability, Crankshaft customs FICA contribution should equal the employee's FICA contribution. Assume FICA is the onlypayrol tax liabilityGrossEarnings9000DeductionsFICA500Net Earnings8500

Given in the question: Total Gross Earnings = 9,000 FICA = 500 Net Earnings = 8,500 It has been…

Answered: 1. On September 30, the business ran…

1. On September 30, the business ran payroll for their employee, Eddie. Crankshaft customs matches the FICA contribution that is withdrawn from Eddie's gross earnings.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter6: Analysing And Journalizing Payroll

Section: Chapter Questions

Problem 6PA

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Question

100%

1. On September 30, the business ran payroll for their employee, Eddie. Crankshaft
customs matches the FICA contribution that is withdrawn from Eddie's gross earnings.
Payroll Register
For the period 9/1-9/30; Pay date Sept. 30
Employee number
Name
Edward G. Johnson
Total
hours
worked
150
Hours
160
Regular Earnings
Rate
45
Amount
7200
Hours
20
Overtime Earnings
Rate
90
Amount
1800
Hint: For calculating total payroll liability, Crankshaft customs FICA contribution should equal the employee's FICA contribution. Assume FICA is the only
payrol tax liability
Gross
Earnings
9000
Deductions
FICA
500
Net Earnings
8500

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