Prepare a general journal payroll entry for Advanced Computer Programming using the following information:
$\begin{array}{llcc}
&&& \text {Cumulative Earnungs Weekly } \
&& \underline{\text { Before Payroll } }&\underline{\text { Salary }} &\underline{\text {Departmen }} \
\text { C. Lester} &&\$60,000&\$1,000&\text { Office}\
\text { C. Oros }&&90,000&1,600&\text {Sales } \
\text { I. Carnarvon } &&165,000&2,100&\text {Office}\
\text { } &\
\end{array}$
Assume the following:
a)FICA: OASDI,6.2% on a limit of $106,800; Medicare,1.45%
b)Federal income tax is 15% of gross pay
c)Each employee pays $20 per week for medical insurance

Question

Prepare a general journal payroll entry for Advanced Computer Programming using the following information:
 $\begin{array}{llcc}
&&&  \text {Cumulative Earnungs Weekly  } \
&& \underline{\text {  Before Payroll } }&\underline{\text {  Salary }} &\underline{\text {Departmen  }} \
 \text {  C. Lester} &&\$60,000&\$1,000&\text { Office}\
 \text { C. Oros }&&90,000&1,600&\text {Sales } \
 \text { I. Carnarvon } &&165,000&2,100&\text {Office}\
 \text {  } &\
\end{array}$
 Assume the following:
a)FICA: OASDI,6.2% on a limit of $106,800; Medicare,1.45%
b)Federal income tax is 15% of gross pay
c)Each employee pays $20 per week for medical insurance

Quizplus · Accepted Answer

The Answer of Prepare a general journal payroll entry for Advanced Computer Programming using the following information:
 $\begin{array}{llcc}
&&&  \text {Cumulative Earnungs Weekly  } \
&& \underline{\text {  Before Payroll } }&\underline{\text {  Salary }} &\underline{\text {Departmen  }} \
 \text {  C. Lester} &&\$60,000&\$1,000&\text { Office}\
 \text { C. Oros }&&90,000&1,600&\text {Sales } \
 \text { I. Carnarvon } &&165,000&2,100&\text {Office}\
 \text {  } &\
\end{array}$
 Assume the following:
a)FICA: OASDI,6.2% on a limit of $106,800; Medicare,1.45%
b)Federal income tax is 15% of gross pay
c)Each employee pays $20 per week for medical insurance

Prepare a General Journal Payroll Entry for Advanced Computer Programming