The deparment that should pay the payroll is the: a. payroll deparment b. human resources deparment  c. trasures's department d. timekeeping department

Q: Performs an analysis of the rules and laws that regulate mandatory discounts and payments that…

A: Payroll Rules: According to the FLSA, people who are subject to its provisions must maintain…

Q: Record payroll for period.

A: Payroll is the list of amount due to each employee in return of services rendered by them. The net…

Q: how is "gross earnings" of $1021.01 derived?

A: Piece rate earnings means wages on the basis of pieces produced.

Q: The department responsible for approving pay rate changes is a. payroll b. treasurer c. personnel d.…

A: Correct Option is “c”: Personnel. Personnel Department: This department is responsible for the…

Q: How to calculate FIT on payroll register? What is the equation or numbers I am supposed to use to…

A: Before calculating payroll taxes, the employees will need to complete these new employee documents,…

Q: A Payroll consists of Basic Pay, Allowances, Gross Salary, Deductions and Net Salary. The Allowances…

A: While calculating income under the head of salaries, one needs to add allowances (in terms and not…

Q: Match each payroll item that follows to the one item (a–f) that best describes its characteristics.…

A: Payroll tax expenses: The costs incurred by an employer to pay the employee for his labor, including…

Q: If an employee’s income is reported based on the total amount received in a year, what basis is the…

A: Taxation - Employees get taxed on the income they earned after deducting exemptions and deductions.

Q: Explain audit for payroll

A: Transaction in statement  of profit and loss is been audited by performing substantive analytical…

Q: Please answer this correctly. Thank you:) 1. Describe the two economic events that occur for…

A: Payroll is the compensation an employer pay to its employees for a set period or on a given date.

Q: In quickbooks, What is the process for setting up the payroll system?

A: QuickBooks: QuickBooks are accounting software that provides various types of tools to manage your…

Q: Which entity is most likely to be part of both the payroll cycle Pand the expenditure cycle اختواحد…

A: Cash disbursement represents the distribution of cash from one party to another. It is the cash…

Q: Describe the uses of payroll register in business.

A:

Q: Which one of the following statements about payroll is incorrect – * a. you must record an hourly…

A: ANSWER -  A payroll register is a record of all pay details for employees during a specific pay…

Q: Why do you think it is significant to calculate the payroll correctly?

A: Payroll is the term which is defined as the payment to the employees their employer. In other words,…

Q: ile, or archive file. a. customer ledgers b. purchase orders c. list of authorized vendors d.…

A: Master file, transaction file, reference file and archive files are computer processing files.…

Q: 1. On September 30, the business ran payroll for their employee, Eddie. Crankshaft customs matches…

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

Q: which of the following items does accounts receivable include a. money paid for labor and received…

A: Accounts Receivables: The accounts receivables are the customers from which we would get the money…

Q: Which of the following type of information is not provided on a payroll register? a.regular rate of…

A: Payroll register: Payroll register is a form that is used by an employer to gather information on…

Q: What are the two main controls for payroll? Provide an example of each.

A: Payroll: The total payment that a company is required to pay to its employee for the services…

Q: Provide the journal entry for the period's payroll. If an amount box does not require an entry,…

A: Payroll:   The total payment that a company is required to pay to its employee for the services…

Q: Describe the payroll cycle including risks,source documents, and controls (Appendix 8C).

A: Payroll is often processed by service bureaus, balance sheet accounts usually small and rely on the…

Q: The totals from the first payroll of the year are shown below. Total Earnings   FICA OASDI   FICA HI…

A: Given Information -  Particular Amount ($) FICA OASDI 2244.1 FICA HI 524.83 FIT W/H 6515…

Q: How do you find and calculate FICA-Med on a payroll register?

A: FICA represents the tax amount charged on the paycheck of the employee for social security (SS) and…

Q: How might a business use a payroll register?

A: Definition:   Payroll register: A schedule that is maintained by the company to record the earnings,…

Q: Swenson Company has the following payroll procedures.Identify the payroll function to which each…

A: Payroll function format is not proper, Answer is posted with some understanding.

Q: Account balances for payroll and personnel accounts are designed and tested.

A: Introduction: Identification of transactions and accounts in personnel and payroll cycle. Initially,…

Q: Question 9: In a journal entry for employee payroll, what type of account is credited to record each…

A: Journal entries indicating the method of recording the business transactions in standard for of…

Q: Which function should distribute paychecks?a. personnelb. timekeepingc. paymasterd. payroll

A:

Q: total deductions on payroll register

A: Deductions are subtracted from total earned pay.

Q: An employer must always use a calendar year for payroll purposes. Agree or disagree and explain your…

A: Payroll refers to the amount of salaries or compensation paid to employees by the firm. It includes…

Q: To match revenues and expenses properly, should the expense for employee vacation pay be recorded in…

A:

Q: Make the journal entry (debit and credits) for recording the payroll.

A: Payroll accounting is known as the recording of all the payroll transactions in the books of the…

Q: The payroll information for a pay period is recorded in the general ledger.   True   False

A: General ledger means the ledger where all the information of business is kept like account…

Q: Preparing the Payroll Register

A: Chris German has worked more than 40 hours, so his hourly rate for 1 hour overtime is 1.5 times…

Q: INPUT VALIDATIONDescribe the types of input edits used for the following data in a payrollsystem. a.…

A: Payroll System: Payroll system is that system which is used by the human resource department in an…

Q: how do you fill out and complete a payroll register for employees that are paid on a biweekly basis…

A: It is a record for a pay period that contains all the details regarding to "Employee hours worked,…

Q: hat is the essentiality of knowing the com

A: Introduction : Payroll can be understood as the remuneration that a company must pay to its workers…

Q: a) What are the differences between time rate system and piece rate system? b) What do you…

A: a) Piece rate system is a method of wage payment to workers based on the quantity of output produced…

Q: How do you find and calculate FUTA and SUTA on payroll register?

A: Solution-   Lets take a example- Question- Merger company has 10 employees  each of whom earns $2000…

Q: When an organization makes payment to the government for payroll taxes, the payment is journalized…

A: Payroll taxes are the taxes that are paid by the employers as well as employees on the basis of the…

Q: ayroll expense will usually Multiple Choice   a)be more than the cash amount paid to an employee…

A: Solution: Payroll expense consist of employee gross pay and employer's statutory contributions.…