Journalize the following data taken from the payroll register of CopyMasters as of April 15, 20—. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. Regular earnings $ 5,715.00 Overtime earnings   790.00 Deductions:           Federal income tax   625.00       Social Security tax   403.31       Medicare tax   94.32       Pension plan   80.00       Health insurance premiums   270.00       United Way contributions   100.00    Journalize the following data taken from the payroll register of CopyMasters as of April 15, 20—. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank. Page:     DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT   1 20-- Apr. 15 Wages and salaries expense          1 2   Employee federal income tax payable        625 2 3   Social Security tax payable        403.31 3 4   Medicare tax payable        94.32 4 5   Pension plan payable        80.00 5 6   Health insurance premiums payable        270.00 6 7   United Way contributions payable        100.00 7 8   Cash          8 9   Payroll for week ended April 15         9   I used 7986.49 for Wages and Salaries expenses but it was wrong. I used 6505 from adding the regular our and overtime hours for the Cash but it was wrong. Not sure what I am doing wrong there. Everything else was correct in the journal. So I need help with the Wages and Salaries and the Cash.

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 1MP: The totals line from Nix Companys payroll register for the week ended March 31, 20--, is as follows:...
icon
Related questions
icon
Concept explainers
Question

 Journalize the following data taken from the payroll register of CopyMasters as of April 15, 20—. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank.

Regular earnings $ 5,715.00
Overtime earnings   790.00
Deductions:    
      Federal income tax   625.00
      Social Security tax   403.31
      Medicare tax   94.32
      Pension plan   80.00
      Health insurance premiums   270.00
      United Way contributions   100.00

 

 Journalize the following data taken from the payroll register of CopyMasters as of April 15, 20—. When required, enter amounts in dollars and cents. If an amount box does not require an entry, leave it blank.

Page:  

  DATE ACCOUNT TITLE DOC.
NO.
POST.
REF.
DEBIT CREDIT  
1 20-- Apr. 15 Wages and salaries expense          1
2   Employee federal income tax payable        625 2
3   Social Security tax payable        403.31 3
4   Medicare tax payable        94.32 4
5   Pension plan payable        80.00 5
6   Health insurance premiums payable        270.00 6
7   United Way contributions payable        100.00 7
8   Cash          8
9   Payroll for week ended April 15         9

 

I used 7986.49 for Wages and Salaries expenses but it was wrong. I used 6505 from adding the regular our and overtime hours for the Cash but it was wrong. Not sure what I am doing wrong there. Everything else was correct in the journal. So I need help with the Wages and Salaries and the Cash.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Journal entries
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
College Accounting, Chapters 1-27 (New in Account…
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Century 21 Accounting General Journal
Century 21 Accounting General Journal
Accounting
ISBN:
9781337680059
Author:
Gilbertson
Publisher:
Cengage
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Financial Accounting
Financial Accounting
Accounting
ISBN:
9781337272124
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning