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Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Overtime Total 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Federal Social Income Tax Security Tax 134.00 93.00 107.14 68.60 90.00 71.80 165.00 98.83 482.00 346.37 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 525.40 1,202.60 1145 843.85 1146 869.41 1147 1148 1,197.06 4,112.92 172.80 25.00 262.65 20.00 288.59 50.00 396.94 267.80 1,473.58

Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Overtime Total 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Federal Social Income Tax Security Tax 134.00 93.00 107.14 68.60 90.00 71.80 165.00 98.83 482.00 346.37 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 525.40 1,202.60 1145 843.85 1146 869.41 1147 1148 1,197.06 4,112.92 172.80 25.00 262.65 20.00 288.59 50.00 396.94 267.80 1,473.58

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Journalize the company payroll for the semimonthly period ending on August 31.

    1. Journalize the payment of total payroll and deductions using the totals from the payroll register.

              2. Payroll will be paid with check number 1152.

 

Completed payroll register attached.

DATE ACCOUNT TITLE FIVE COLUMN JOURNAL DOC. NO. POST REF. DEBIT GENERAL CREDIT SALES CREDIT DEBIT CASH CREDIT
Transcribed Image Text:DATE ACCOUNT TITLE FIVE COLUMN JOURNAL DOC. NO. POST REF. DEBIT GENERAL CREDIT SALES CREDIT DEBIT CASH CREDIT
Semimonthly period ended: August 31, 20xx Marital Status M M S M Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Federal Social Total Income Tax Security Tax 107.14 68.60 134.00 93.00 90.00 165.00 482.00 71.80 98.83 346.37 Overtime 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 172.80 525.40 1,202.60 1145 25.00 262.65 843.85 1146 20.00 288.59 869.41 1147 50.00 396.94 1,197.06 1148 267.80 1,473.58 4,112.92
Transcribed Image Text:Semimonthly period ended: August 31, 20xx Marital Status M M S M Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals No. of Allowances 2 2 4 2 Regular 1,344.00 1,058.00 1,074.00 1,486.00 4,962.00 B and C Sporting Goods Payroll Register Federal Social Total Income Tax Security Tax 107.14 68.60 134.00 93.00 90.00 165.00 482.00 71.80 98.83 346.37 Overtime 384.00 1,728.00 48.50 1,106.50 84.00 1,158.00 108.00 1,594.00 624.50 5,586.50 Medicare Tax 25.06 16.04 16.79 23.11 81.01 Health Insurance 86.40 60.00 90.00 60.00 296.40 Retirement Plan Date of payment: August 31, 20xx Total Net Pay Check No. 172.80 525.40 1,202.60 1145 25.00 262.65 843.85 1146 20.00 288.59 869.41 1147 50.00 396.94 1,197.06 1148 267.80 1,473.58 4,112.92
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