Ramon Gonzalez’s gross pay for the week was $700. He had deductions of $85 for federal income tax, $43.40 for social security tax, $10.15 for Medicare tax as well as $5 for union dues. The journal entry to record his federal income tax withheld would include:   Multiple Choice   a debit to Employee Income Tax Payable for $85   a credit to Employee Income Tax Payable for $85   a debit to Salaries Payable for $700   a debit to Salaries Expense for $556.45

Q: Using the income tax withholding table in Figure 3, for each employee of Miller Company, determine…

A: Payroll It is important for the business entity to prepare the payroll process and its statutory…

Q: Using the income tax withholding table in Figure 3, for each employee of Miller Company, determine…

A:

Q: Ramirez Company has the following data for the weekly payroll ending January 31. Hours Employee M.…

A: Payroll accounting is done to record salaries and wages paid to the employees and what other…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Lets understand the basics. Net amount paid is a gross salary less deductions made.  Gross salary is…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Given: Hourly rate = $30 Federal income tax = $48 Social security tax = 6% Medicare = 1.5% For over…

Q: Simon Cowell's weekly gross earnings for the week ending Dec. 7th were $2,500, and his federal…

A: Formula: Social security tax amount = Gross earnings x social security tax rate. Medicare tax amount…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Formula used : Number of Excess hours worked = Total hours worked - Weekly working hours

Q: . This is the first payroll of the year and the employee has no cumulative earnings for the year to…

A: Calculation of Gross earnings :   Normal earnings $1,800.00 Bonus earnings $540.00 Gross earnings…

Q: Tavella Company’s first weekly pay period of the year ends on January 8. On that date, Tavella’s…

A: Every transaction should be recorded in the books of accounts in the form of Journal entry. Each…

Q: George's Gameroom had two employees with the following earnings information: Gross Earnings for Week…

A: Social security tax is the one which is applicable on the payment of wages.

Q: Gary Noll's gross earnings for the week were $3,400, his federal income tax withholding was $612,…

A: Introduction: Net pay: Deduction of Federal income tax withholding and FICA from Gross earnings…

Q: Blake Green's weekly gross earnings for the week ending December 7 were $2,500, and her federal…

A: An employee's net pay is his or her salary after all deductions have been made. Obligatory…

Q: Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of…

A: Payroll- Payroll refers to the process of making payments to a company's employees. This process…

Q: Thomas Martin receives an hourly wage rate of $20, with time-and-a-half pay for all hours worked in…

A: Normal hours in a week = 40 hours Hours worked = 42 hours Overtime hours = Total hours worked -…

Q: What was Pina Colada’s net pay for the week?  Journalize the entry for the recording of his pay in…

A: Given information is: Pina Colada's gross earnings for the week were $1,650, his federal income tax…

Q: The payroll records of Speedy Software show the following information about Marsha Gottschalk, an…

A:

Q: What was Noll’s net pay for the week? Net pay   $enter Net pay in dollars    eTextbook and Media…

A: Payroll accounting:   The process of payroll accounting includes the computation and payment of…

Q: Kalen O’Brien earned $730 this week. The deductions from her pay were as follows: FIT FICA—OASDI…

A: Disposable earnings refers to the amount of income remained at an individual after deducting all the…

Q: Scott is an employee at Company G and is paid monthly.  For the month of January, he earned a total…

A: Net pay for the employee= Gross pay-  Payroll tax Payroll tax includes social security tax, federal…

Q: Todd Hackworth’s weekly gross earnings for the week ending December 18 were $2,000, and his federal…

A: Net pay = Gross pay - Federal income tax withheld - Social security tax withheld - Medicare tax…

Q: The following date for Presco Inc. relate to the payroll for the week ended February 9: Employee…

A: A's overtime=Hours worked-Hours per week=52-40=12 hours

Q: The following information about the payroll for the week ended December 30 was obtained from the…

A: Requirement 1)a. Prepare the journal entry to record the payroll on December 30.

Q: For all payroll calculations, use the following tax rates and round amounts to the nearest cent…

A:

Q: An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week.…

A: Payroll accounting involves records of calculation, recording and analysis of employees compensation…

Q: Lindsey Vater’s weekly gross earnings for the week ended March 9 were $800, and her federal income…

A: An employee's net pay seems to be the whole amount obtained or received. It is calculated by…

Q: Thomas Longbow is the only employee of Presido, Incorporated During the first week of January,…

A: Amount of Employee Payroll Check= Income Earned  - Federal and State withholding tax  - FICA…

Q: Dixon Sales has six employees that receive weekly paychecks. Each employee earns $14.00 per hour and…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: Sunland Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all…

A: Journal is the recording of financial transactions which ahead help in preparing the ledgers, trial…

Q: Employee AA is paid monthly. For the month of January, she earned a total of $8,260. The tax for…

A: . Employee AA’s net pay for the month is: $6302.94  explanation :  The computation of net pay is…

Q: During the first week of February, Gabe Hopen earned $300.  Assume that FICA taxes are 7.65 percent…

A: FICA Taxes payable= $300 x 7.65% = $22.95 State unemployment taxes payable= $300 x 5% = $15.00…

Q: Thomas Martin receives an hourly wage rate of $15, with time-and-a-half pay for all hours worked in…

A: Gross pay: Gross pay means the salary before the deduction of any taxes, benefits, and other payroll…

Q: Kenneth Noll’s gross earnings for the week were $2,600, his federal income tax withholding was $468,…

A: 1.Determine the net pay.

Q: Baker Green's weekly gross earnings for the week ending December 7 were $1,200, and her federal…

A: Social Security amount = Gross earnings ×social Security rate = $1200× 6% = $72

Q: John Jansen, an employee of Redwood Company, had gross earnings for the month of May of $4,000. FICA…

A: FICA (Federal insurance contributions act) is the deduction of some percentage out of the gross…

Q: Baker Green's weekly gross earnings for the week ending December 7 were $2,000, and her federal…

A: Net Pay = Gross earnings - Federal income tax - Social Security rate - Medicare   Social Security…

Q: Using the information above, what amount is the check, netof all deductions, that Gabe received for…

A: Solution:- Given, During the first week of February, Gabe Hopen earned $300. The FICA taxes are…

Q: Novak's gross earnings for the week were $2,150, his federal income tax withholding was $346, and…

A: Introduction Federal income tax: Federal income tax is the tax withheld by employer that employee is…

Q: Kenneth McFarland's weekly gross earnings for the week ending March 9 were $2,170, and her federal…

A: Formula: Social security tax amount = Gross pay x Social security tax rate

Q: During the week ended June 15, Wiley Automotive's employees earned $2,650 of gross wages and had…

A:

Q: On November 30, the payroll register of Webster & Smith indicated the following information: Wages…

A: Working:

Q: $8,950.

A: Net pay = Gross pay - deductions It refers to money you make after deductions and expenses have been…

Q: Monty's gross earnings  for the week were $1450, his federal income  tax  withholding  was $318,and…

A: Monty's gross earning per week = $1450 Total gross income per month = $1450 x 4 weeks…

Q: Maxwell Washington's weekly gross earnings for the week ending March 9 were $900, and her federal…

A: Social security tax = gross earnings x social security tax rate  = $900 x 6% = $54 Medicare tax =…

Q: Find the employee’s social security tax, Medicare tax, and sate disability insurance deduction(1%)…

A: Given that: Joseph Flores is paid $452 per week plus a commission of 2% on all sales. Flores sold…

Q: Gary Noll's gross earnings for the week were $3,400, his federal income tax withholding was $612,…

A: Employment taxes are the taxes that the employer pays to the government on behalf of their business…

Q: On January 21, the column totals of the payroll register for Great Products Company showed that its…

A: Payroll is the total amount paid by the employer to its employee for the period and it includes all…

Q: Kenneth McFarland's weekly gross earnings for the week ending March 9 were $2,170, and her federal…

A: Formula: Social security tax amount = Weekly gross earnings x Social security tax rate.

Q: Portia Grant is an employee who is paid monthly. For the month of January of the current year, she…

A: Lenders and landlords evaluate an individual's gross income to decide if that person is a worthy…

Q: Thomas Martin receives an hourly wage rate of $21, with time-and-a-half pay for all hours worked in…

A: Gross pay = Regular pay + Overtime pay

Q: Kenneth McFarland's weekly gross earnings for the week ending March 9 were $2,170, and her federal…

A: Formula: Social security tax rate amount = Gross Earnings x Social security tax rate