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Journalize the company payroll for the semimonthly period ending on August 31. Journalize the payment of total payroll and deductions using the totals from the payroll register. Payroll will be paid with check number 1152.

Journalize the company payroll for the semimonthly period ending on August 31. Journalize the payment of total payroll and deductions using the totals from the payroll register. Payroll will be paid with check number 1152.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter3: Review Of A Company's Accounting System
Section: Chapter Questions
Problem 14GI
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Journalize the company payroll for the semimonthly period ending on August 31.

    1. Journalize the payment of total payroll and deductions using the totals from the payroll register.
    2. Payroll will be paid with check number 1152.
DATE ACCOUNT TITLE FIVE COLUMN JOURNAL DOC. POST NO. REF. DEBIT GENERAL CREDIT SALES CREDIT DEBIT CASH CREDIT
Transcribed Image Text:DATE ACCOUNT TITLE FIVE COLUMN JOURNAL DOC. POST NO. REF. DEBIT GENERAL CREDIT SALES CREDIT DEBIT CASH CREDIT
Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,058.00 1,074.00 1,486.00 3,618.00 Overtime 48.50 84.00 108.00 240.50 B and C Sporting Goods Payroll Register Total *** 1,106.50 1,158.00 1,594.00 3,858.50 Federal Social Income Tax Security Tax 93.00 90.00 165.00 348.00 68.60 71.80 98.83 239.23 Medicare Tax 16.04 16.79 23.11 55.95 Health Insurance 60.00 90.00 60.00 210.00 Retirement Plan 25.00 20.00 50.00 95.00 Date of payment: August 31, 20xx Total Net Pay Check No. N 843.85 1146 869.41 1147 262.65 288.59 396.94 1,197.06 1148 948.18 2,910.32
Transcribed Image Text:Semimonthly period ended: August 31, 20xx Empl. No. Name 145 Brown, Bill 157 Hanifan, Ted 149 Jones, Beth 134 Lowe, Judy Totals Marital Status M M S M No. of Allowances 2 2 4 2 Regular 1,058.00 1,074.00 1,486.00 3,618.00 Overtime 48.50 84.00 108.00 240.50 B and C Sporting Goods Payroll Register Total *** 1,106.50 1,158.00 1,594.00 3,858.50 Federal Social Income Tax Security Tax 93.00 90.00 165.00 348.00 68.60 71.80 98.83 239.23 Medicare Tax 16.04 16.79 23.11 55.95 Health Insurance 60.00 90.00 60.00 210.00 Retirement Plan 25.00 20.00 50.00 95.00 Date of payment: August 31, 20xx Total Net Pay Check No. N 843.85 1146 869.41 1147 262.65 288.59 396.94 1,197.06 1148 948.18 2,910.32
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