Solved

Jerri's Mason Supply Company Has Four Employees Who Are Paid

Question 78

Essay

Jerri's Mason Supply Company has four employees who are paid on a weekly basis receiving time and a half for working more than 40 hours in any one week.The payroll data for the week ended December 10 is as follows:
?
 Federal  # of  Marital  Total  Cumulative IncomeName Allowances StatusHours Rate Earnings Tax B. Russo 0 S44$8.00$8,300$40 P. Higgins 1M4628.0052,176160 S. Minsky 2M409.0018,5608 A. Mendez 4M4034.0086,000129\begin{array} { l c c c c c c } &&&&&&\text { Federal }\\&\text { \# of } & \text { Marital }&\text { Total }&& \text { Cumulative }&\text{Income}\\ \underline{\text {Name}}& \underline{\text { Allowances }}& \underline{\text {Status}}& \underline{\text {Hours }}& \underline{\text {Rate }}& \underline{\text {Earnings }}& \underline{\text {Tax}}\\\text { B. Russo }& 0 & \mathrm {~S} & 44 & \$ 8.00 & \$ 8,300 &\$40 \\\text { P. Higgins } & 1 & \mathrm { M } & 46 & 28.00 & 52,176 & 160 \\\text { S. Minsky } & 2 & \mathrm { M } & 40 & 9.00 & 18,560 & 8 \\\text { A. Mendez }& 4 & \mathrm { M } & 40 & 34.00 & 86,000 & 129\\\end{array} Social Security tax is withheld at 6.2% and Medicare tax at 1.45%.Each employee that is single has $40 withheld for health insurance and each that is married has $70 withheld.Higgins has $25 withheld for United Way.Number the checks beginning with 803.
Required:
1.Complete the payroll register.
2.Journalize the payroll entry.
?
?
 Jerri's Mason Supply Company has four employees who are paid on a weekly basis receiving time and a half for working more than 40 hours in any one week.The payroll data for the week ended December 10 is as follows: ?   \begin{array} { l c c c c c c }  &&&&&&\text { Federal }\\ &\text { \# of } & \text { Marital }&\text { Total }&& \text {  Cumulative }&\text{Income}\\   \underline{\text {Name}}& \underline{\text { Allowances }}& \underline{\text {Status}}&  \underline{\text {Hours }}& \underline{\text {Rate }}& \underline{\text {Earnings }}& \underline{\text {Tax}}\\ \text { B. Russo }& 0 & \mathrm {~S} & 44 & \$ 8.00 & \$ 8,300 &\$40 \\ \text { P. Higgins }  & 1 & \mathrm { M } & 46 & 28.00 & 52,176 & 160 \\ \text { S. Minsky } & 2 & \mathrm { M } & 40 & 9.00 & 18,560 & 8 \\ \text { A. Mendez }& 4 & \mathrm { M } & 40 & 34.00 & 86,000 & 129\\ \end{array}  Social Security tax is withheld at 6.2% and Medicare tax at 1.45%.Each employee that is single has $40 withheld for health insurance and each that is married has $70 withheld.Higgins has $25 withheld for United Way.Number the checks beginning with 803. Required: 1.Complete the payroll register. 2.Journalize the payroll entry. ? ?    ?    ?    ?
 Jerri's Mason Supply Company has four employees who are paid on a weekly basis receiving time and a half for working more than 40 hours in any one week.The payroll data for the week ended December 10 is as follows: ?   \begin{array} { l c c c c c c }  &&&&&&\text { Federal }\\ &\text { \# of } & \text { Marital }&\text { Total }&& \text {  Cumulative }&\text{Income}\\   \underline{\text {Name}}& \underline{\text { Allowances }}& \underline{\text {Status}}&  \underline{\text {Hours }}& \underline{\text {Rate }}& \underline{\text {Earnings }}& \underline{\text {Tax}}\\ \text { B. Russo }& 0 & \mathrm {~S} & 44 & \$ 8.00 & \$ 8,300 &\$40 \\ \text { P. Higgins }  & 1 & \mathrm { M } & 46 & 28.00 & 52,176 & 160 \\ \text { S. Minsky } & 2 & \mathrm { M } & 40 & 9.00 & 18,560 & 8 \\ \text { A. Mendez }& 4 & \mathrm { M } & 40 & 34.00 & 86,000 & 129\\ \end{array}  Social Security tax is withheld at 6.2% and Medicare tax at 1.45%.Each employee that is single has $40 withheld for health insurance and each that is married has $70 withheld.Higgins has $25 withheld for United Way.Number the checks beginning with 803. Required: 1.Complete the payroll register. 2.Journalize the payroll entry. ? ?    ?    ?    ?
 Jerri's Mason Supply Company has four employees who are paid on a weekly basis receiving time and a half for working more than 40 hours in any one week.The payroll data for the week ended December 10 is as follows: ?   \begin{array} { l c c c c c c }  &&&&&&\text { Federal }\\ &\text { \# of } & \text { Marital }&\text { Total }&& \text {  Cumulative }&\text{Income}\\   \underline{\text {Name}}& \underline{\text { Allowances }}& \underline{\text {Status}}&  \underline{\text {Hours }}& \underline{\text {Rate }}& \underline{\text {Earnings }}& \underline{\text {Tax}}\\ \text { B. Russo }& 0 & \mathrm {~S} & 44 & \$ 8.00 & \$ 8,300 &\$40 \\ \text { P. Higgins }  & 1 & \mathrm { M } & 46 & 28.00 & 52,176 & 160 \\ \text { S. Minsky } & 2 & \mathrm { M } & 40 & 9.00 & 18,560 & 8 \\ \text { A. Mendez }& 4 & \mathrm { M } & 40 & 34.00 & 86,000 & 129\\ \end{array}  Social Security tax is withheld at 6.2% and Medicare tax at 1.45%.Each employee that is single has $40 withheld for health insurance and each that is married has $70 withheld.Higgins has $25 withheld for United Way.Number the checks beginning with 803. Required: 1.Complete the payroll register. 2.Journalize the payroll entry. ? ?    ?    ?

Correct Answer:

verifed

Verified

? 11ea84ea_4...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents