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 payment of Bramble's wages. Use January 15 for the end of the pay period and the payment date. (Round Intermediate calculation and final answers to 2 decimal places, eg. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) Jan. 15 (b) Jan. 15
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 payment of Bramble's wages. Use January 15 for the end of the pay period and the payment date. (Round Intermediate calculation and final answers to 2 decimal places, eg. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) Jan. 15 (b) Jan. 15
College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 5PB
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Transcribed Image Text: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 payment of Bramble's wages. Use January 15 for the
end of the pay period and the payment date. (Round Intermediate calculation and final answers to 2 decimal places, eg. 15.25. Credit
account titles are automatically indented when amount is entered. Do not indent manually.)
No. Date Account Titles and Explanation
Debit
Credit
(a)
Jan. 15
(b)
Jan. 15
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