The following totals for the month of April were taken from the payroll records of Windsor, Inc.. Salaries $103200 FICA taxes withheld 7890 Income taxes withheld 21500 Medical insurance deductions 3900 Federal unemployment taxes 280 State unemployment taxes 1860 The entry to record the payment of net payroll would include a

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 totals for the month of April were taken from the payroll register of Magnum Company:…

A: Journal entry for Payroll tax expense: Date Description Debit  Credit    Payroll tax…

Q: The payroll register for D. Salah Company for the week ended May 18 indicated the following:…

A: Journal entry: It is the duty of the accountant to record business economic and non-economic…

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

A: The entry to record the payroll expenses is  Particulars Debit (in $)  Credit (in $) Salaries…

Q: Journalize Payroll Tax The payroll register of Heritage Co. indicates $3,900 of social security…

A: A payroll tax is a tax paid on the wages and salaries of employees to finance social insurance…

Q: The following payroll liability accounts are included in the ledger of Ayayai Company on January 1,…

A: In journal entries for the liabilities, the liability is debited and cash is credited.

Q: In January, gross earnings in Kemstar Company totalled $90,000. All earnings are subject to Standard…

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

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

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

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

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 April were taken from the payroll records of Teal Mountain…

A: The question we have all the data gets associated with salaries and Wages in which we would like to…

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

A: Following is the summary of gross pay:

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

A: Determine salaries and wages payable.

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: Lee Company has the following information for the pay period of December 15–31: Gross payroll…

A: Given that: Gross payroll = $15416 Social security taxes = 6% Medicare rate = 1.5% Federal income…

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 payroll register of Salem Communications Co. indicates 6.2% of social security withheld and…

A: Payroll taxes are the amount of tax liability that is to be paid on payment of salaries and wages to…

Q: Lee Company has the following information for the pay period of December 15–31: Gross payroll…

A: Option “c” is the correct option.

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

A: Salary expense include basic salary and all type of allowance provided by the company in addition to…

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

A: Answer a:

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

A: Journal entry is the primary chronicling of the transactions in the books.

Q: The following totals for the month of April vwere taken from the payrall records of Marigold Corp.…

A: The entry to record the payment of net payroll include a debit to Salaries and Wages Payable  =…

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: England, Inc., had the following payroll for March:   Officers’ salaries $39,000 Sales salaries…

A: The journal entry is the entry where the financial transactions are recorded initially.

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: According to the accountant of Metlock, Inc., its payroll taxes for the week were as follows:…

A: Accrued liabilities means liabilities which are due in current period, but not yet paid. These…

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

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

Q: The payroll register of Seaside Architecture Company indicates $840 of social security and $213 of…

A: Formula: State Unemployment Tax Payable = Total salaries x State Unemployment Tax rate Federal…

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: In January, gross earnings in Coronado Company were $36,000. The 7.65% FICA tax rate consists of the…

A: Payroll tax is defined as the percentage that is withheld from the pay of the employee through…

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: Entries for Payroll and Payroll Taxes The following information about the peyroil for the week ended…

A: In this question, we have been given information related to the Payroll role, and on the basis of…

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

A: Journal entries for recording the payroll and payroll tax for April 29.

Q: The entry to record the payment of net payroll would include a

A: salaries and wages payable  = salaries- deductions = 90000-6885-19800-3600 = 59715

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: Payroll Tax Expense = FICA taxes payable + Federal unemployment taxes Payable + State unemployment…

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: The following totals for the month of April were compiled from the payroll data of Magnum Company:…

A: Date Accounts Debit Credit   Payroll Tax Expense $1,170           FICA taxes Payable   $750…

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

A: Please find the answers to the above questions below:

Q: The following totals for the month of April were taken from the payroll records of Nash's Trading…

A: Journal entry is the process of recording the business transactions in the books of accounts for the…

Q: repare the entry to record January payroll tax expense

A: Journal entry: Journal entry is the book of original entry where first transactions are recorded in…

Q: The payroll register for D. Salah Company for the week ended May 18 indicated the following:…

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

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

A: When a company records the compensation of its employees, such type of accounting is known as…