Zipperle Company has the following payroll information for the pay period ending September 18,20XX: $$\begin{array} { | l | r | }
\hline \text { Gross pay } & \$ 27,894.50 \
\hline \text { Federal withholding tax } & \$ 3,570.00 \
\hline \text { Social Security tax } & \$ 1,670.56 \
\hline \text { Medicare tax } & \$ 390.70 \
\hline 401 \text { (k) contributions } & \$ 1,115.78 \
\hline \text { Health Insurance } & \$ 950.00 \
\hline \text { Garnishment } & \$ 450.00 \
\hline \text { Net pay } & \$ 19,747.46 \
\hline
\end{array}$$ Which items would be debited in the General Journal entry to record the employees' share of the payroll?

Question

Zipperle Company has the following payroll information for the pay period ending September 18,20XX: $$\begin{array} { | l | r | } 
\hline \text { Gross pay } & \$ 27,894.50 \
\hline \text { Federal withholding tax } & \$ 3,570.00 \
\hline \text { Social Security tax } & \$ 1,670.56 \
\hline \text { Medicare tax } & \$ 390.70 \
\hline 401 \text { (k) contributions } & \$ 1,115.78 \
\hline \text { Health Insurance } & \$ 950.00 \
\hline \text { Garnishment } & \$ 450.00 \
\hline \text { Net pay } & \$ 19,747.46 \
\hline
\end{array}$$ Which items would be debited in the General Journal entry to record the employees' share of the payroll?

Quizplus · Accepted Answer

Gross pay is debited in the General Journal entry to record the total payroll expense before any deductions.

Zipperle Company Has the Following Payroll Information for the Pay