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Del Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours

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Del Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2010, are presented below.;Employee;Hours;Worked;Hourly;Rate;Federal;Income Tax;Withholdings;United;Fund;Joe Devena 40 $15.25 $? $5.00;Mary Keener 42 15.25 ? 5.00;Andy Dye 44 13.50 67 7.00;Kim Shen 46 13.50 66 5.00;Devena and Keener are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 8%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.8%. The first three employees are sales clerks (store wages expense). The fourth employee performs administrative duties (office wages expense).;Prepare a payroll register for the weekly payroll. (Use the wage-bracket withholding table in the text for federal income tax withholdings.) (Round hours to 0 decimal places, e.g. 125. Round other answers to 2 decimal places, e.g. 10.50. If answer is zero, please enter 0. Do not leave any fields blank.);DEL HARDWARE;Payroll Register;For the Week Ending March 15, 2010;Earnings;Employee Total Hours Regular Overtime Gross Pay;Joe Devena $ $ $;Mary Keener;Andy Dye;Kim Shen;Totals;$;$;$;DEL HARDWARE;Payroll Register;For the Week Ending March 15, 2010;Deductions;Employee FICA Taxes Federal State U.F Total Net Pay Store Wages Expense Office Wages Expense;Joe Devena $ $ $ $ $ $ $ $;Mary Keener;Andy Dye;Kim Shen;Totals;$;$;$;$;$;$;$;$;Journalize the payroll on March 15, 2010, and the accrual of employer payroll taxes. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.);Date Description Debit Credit;Mar. 15;(To record payroll.);Mar. 15;(To record accrual of payroll taxes.);Journalize the payment of the payroll on March 16, 2010. (Round answers to 2 decimal places, e.g. 10.50.);Date Description Debit Credit;Mar. 16;Journalize the deposit in a Federal Reserve bank on March 31, 2010, of the FICA and federal income taxes payable to the government. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.);Date Description Debit Credit;Mar. 31;Click here if you would like to Show Work for this question;Link to Text 1;Question Attempts: 0 of 3 used Save for late Submit Answer;Copyright ? 2000-2011 by John Wiley & Sons, Inc. or related companies. All rights reserved.;Attachment Preview;ap11-3a.docx;Del Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a;week. Payroll data for the week ended March 15, 2010, are presented below.;Federal;Income;Tax;Withhol;dings;Employ;Hours;Hourly;United;ee;Worked;Rate;Fund;Joe;40;$15.25;$?;$5.00;Devena;Mary;42;15.25;?;5.00;Keener;Andy;44;13.50;67;7.00;Dye;Kim;46;13.50;66;5.00;Shen;Devena and Keener are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable;FICA 8%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.8%. The first three employees are;sales clerks (store wages expense). The fourth employee performs administrative duties (office wages expense).;Prepare a payroll register for the weekly payroll. (Use the wage-bracket withholding table in the text for f;withholdings.) (Round hours to 0 decimal places, e.g. 125.;zero, please enter 0. Do not leave any fields blank.);For the Week Ending March 15, 2010;Employee;Joe Devena;Mary Keener;Andy Dye;Kim Shen;Totals;Employee;Joe Devena;Mary Keener;Andy Dye;Kim Shen;Totals;Total Hours;Deductions;FICA Taxes;Journalize the payroll on March 15, 2010, and the accrual of employer payroll taxes.;amounts from largest to smallest eg 10, 5, 3, 2.;Date;Description;Mar. 15;(To record payroll.);Mar. 15;(To record accrual of payroll taxes.);Journalize the payment of the payroll on March 16, 2010.;Date;Description;Mar. 16;Journalize the deposit in a Federal Reserve bank on March 31, 2010, of the FICA and federal income taxe;government. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.;decimal places, e.g. 10.50.);Date;Description;Mar. 31;Click here if you would like to Show Work for this question;Question;Attempts;0 of 3 used;Copyright 2000-2011 by John Wiley & Sons, Inc. or related companies. All rights reserved.

 

Paper#32427 | Written in 18-Jul-2015

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