The following totals for the month of April were taken from the payroll records of Teal Mountain Company. Salaries $110400 FICA taxes withheld 8450 Income taxes withheld 23000 Medical insurance deductions 4100 Federal unemployment taxes 290 State unemployment taxes 1990 The journal entry to record the monthly payroll on April 30 would include a debit to Salaries and Wages Expense for $74850. credit to Salaries and Wages Payable for $110400. debit to Salaries and Wages Expense for $110400. debit to Salaries and Wages Payable for $110400.

Q: SQU Company paid the weekly payroll on January 2 by debiting Wages Expense for $27,000. The…

A: Journal: Journal is the method of recording monetary business transactions in chronological order.…

Q: The following totals for the month of April were taken from the payroll records of Cheyenne Corp..…

A: Journal entries refer to the recording of transactions in an appropriate way. With the help of…

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

A: 1.A.Prepare journal entry to record payroll:

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A: Journal entry refers to the recording made by the business in the books of accounts, of all the…

Q: a. Journalize the entry to record the payroll for the week of July 15.* b. Journalize the entry to…

A: ournal: Recording of a business transactions in a chronological order.

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

A: Social Security Tax Payable  = Gross salaries x Social security tax rate = $352,000*6% = $21,120…

Q: The following totals for the month of June were taken from the payroll register of Arcon Company:…

A: Journal entries should not be used to record routine transactions such as customer billings and…

Q: Payroll entries The payroll register for Gamble Company for the week ended April 29 indicated the…

A: In terms of finance, payroll accounting ensures that a company pays its employees accurately. This…

Q: The following totals for the month of April were taken from the payroll register of Marigold…

A: The journal entry to record the monthly payroll on April 30 would include a debit to Salaries and…

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

A: Social Security Tax Payable  = Gross salaries x Social security tax rate = $352,000*6% = $21,120…

Q: In January, the payroll supervisor determines that gross earnings for Sheridan Company are $68,000.…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: Given the following data from the payroll register of Johnson Construction, prepare the journal…

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

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

A: Date Accounts title and explanation Debit ($) Credit ($) Dec-30 Sales salaries expense $ 350,000…

Q: Highridge Homes has the following payroll information for the week ended February 21: Name…

A: Following is the summary of gross pay:

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A:

Q: The following totals for the month of April were taken from the payroll records of Windsor, Inc..…

A: The process of documenting commercial transactions for the first time in the books of accounts is…

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

A: Social Security Tax Payable  = Gross salaries x Social security tax rate = $352,000*6% = $21,120…

Q: The following information as to earnings and deductions for the weekly pay period ended March 9 was…

A: Payroll deduction as per Canada has two major computations named Canada Pension Plan (CPP)…

Q: Entries for Payroll and Payroll Taxes The following information about the payroll for the week…

A: Wages: Wages are the earnings of the employees for their work to the company they serve. These are…

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

A: Given gross pay = $7,475 In order to record accrued expenses, the expense which has been incurred…

Q: The payroll registers for Schmidt Company for the week ended April 29 indicated the following:…

A:

Q: The following totals for the month of April were taken from the payroll records of Windsor, Inc..…

A: Payment of net payroll = Gross salaries - FICA taxes withheld - Income taxes withheld - Medical…

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

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Q: The following totals for the month of April were taken from the payroll register of Magnum Company.…

A: Journal entries refer to the recording of transactions in an appropriate way. With the help of…

Q: Accounting The following totals for the month of June were taken from the payroll register of Mike…

A: Answer:-  Net Payroll meaning:- Net payroll can be defined as the amount taken home by the employees…

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

A: Answer a:

Q: The following payroll liability accounts are included in the ledger of Wildhorse Company on January…

A: State unemployment tax: It is a type of payroll tax which is required by the employers to pay on…

Q: According to the accountant of Ulster Inc., its payroll taxes for the week were as follows: $137.68…

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Q: Sandler Company completed the following two transactions. The annual accounting period endsDecember…

A: Journal: Recording of a business transactions in a chronological order.

Q: According to a summary of the payroll of Scotland Company, total salaries were $500,000.  Assume…

A:

Q: The following totals for the month of June were taken from the payroll register of Arcon Company:…

A: Journal is the book of original entry in which all the transactions of the business are recorded…

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

A: Social Security Tax Payable  = Gross salaries x Social security tax rate = $352,000*6% = $21,120…

Q: totals for the month of April were taken from the payroll register of Omar Company. Salaries and…

A: In the journal entry for the payroll expense, the salary and wages expense is debited, all the taxes…

Q: $350,000  Warehouse salaries 182,000  Office salaries 136,000   $668,000     Deductions:

A: Payroll is  remuneration that a company owes to its employees for a specific period of timeon a…

Q: The payroll register for Gamble Company for the week ended April 29 indicated the following:…

A: A.Prepare journal entry to record the payroll for the week of April 29.

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

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Journal entries for payroll A partial summary of the payroll data for Burrington Manufactur- ing…

A: Financial transactions are initially recorded in the form of journal entry.

Q: Accounting Entries for Payroll and Payroll Taxes The following information about the payroll for the…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Recording Payroll and Payroll Taxes Manchester, Inc., had the following payroll for March:…

A: Salaries expense = Office salaries + Sales salaries = $ 390000 +$ 650000 = $ 1040000

Q: In January, gross earnings in Concord Company totaled $88,000. All earnings are subject to 7.65%…

A: Formulas:

Q: The following totals for the month of April were taken from the payroll register of Magnum Company.…

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

Q: Recording Payroll and Payroll Taxes The following information about the payroll for the week ended…

A: Journal Entries

Q: Nov. 30: Journalized the monthly payroll for November, based on the following data: Salaries…

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: Assume the following totals for Roadkill Restaurant for the payroll quarter ended March 31, 2020:…

A: Following will be the Journal entry for Payment of taxes

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

A: PLEASE LIKE THE ANSWER, YOUR RESPONSE MATTERS    1) Preparing the Journal Entries for the Payroll…

Q: repare the entry to record January payroll tax expense

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Q: Beamon Corporation had the following payroll for April:   Officers' salaries $34,000 Sales…

A: Payroll refers to the employee's salary register that is maintained by the employer in which all…