In the following summary of data for a payroll period, some amounts have been intention- EX 10-10 Summary payroll data OBJ. 2, 3 2-01 XB 1.550 a lo ally omitted: Earnings: WOM SM 1. At regular rate 2....


In the following summary of data for a payroll period, some amounts have been intention-<br>EX 10-10 Summary payroll data<br>OBJ. 2, 3<br>2-01 XB 1.550<br>a lo ally omitted:<br>Earnings:<br>WOM SM<br>1. At regular rate<br>2. At overtime rate<br>3. Total earnings<br>?<br>Toserpret the<br>,00<br>$80,000<br>or declining?<br>?<br>brust boerbng Deductions:<br>4. Social security tax<br>32,400<br>5. Medicare tax<br>booos addortabrord mon bo 6. Income tax withheldg leqioninq 135,000<br>for December 3d<br>WOM SM<br>lad 8,100<br>moarq o (d),0 onul no n7. Medical insurance<br>18,900<br>us Year<br>8. Union dues<br>9. Total deductions<br>10. Net amount paid<br>201,150<br>Ace<br>338,850<br>910<br>Accounts debited:<br>Inve<br>morgnol anl uoda<br>300<br>11. Factory Wages<br>285,000<br>2.300<br>12. Sales Salaries<br>a Compute<br>13. Office Salaries<br>120,000<br>Company<br>declining<br>a. Calculate the amounts omitted in lines (1), (3), (8), and (12).<br>b. Journalize the entry to record the payroll accrual.<br>c. Journalize the entry to record the payment of the payroll.<br>

Extracted text: In the following summary of data for a payroll period, some amounts have been intention- EX 10-10 Summary payroll data OBJ. 2, 3 2-01 XB 1.550 a lo ally omitted: Earnings: WOM SM 1. At regular rate 2. At overtime rate 3. Total earnings ? Toserpret the ,00 $80,000 or declining? ? brust boerbng Deductions: 4. Social security tax 32,400 5. Medicare tax booos addortabrord mon bo 6. Income tax withheldg leqioninq 135,000 for December 3d WOM SM lad 8,100 moarq o (d),0 onul no n7. Medical insurance 18,900 us Year 8. Union dues 9. Total deductions 10. Net amount paid 201,150 Ace 338,850 910 Accounts debited: Inve morgnol anl uoda 300 11. Factory Wages 285,000 2.300 12. Sales Salaries a Compute 13. Office Salaries 120,000 Company declining a. Calculate the amounts omitted in lines (1), (3), (8), and (12). b. Journalize the entry to record the payroll accrual. c. Journalize the entry to record the payment of the payroll.

Jun 09, 2022
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