Alex is an independent contractor and performed 3 hours of work for you that you will bill to your customer at a rate of $40 per hour. Alex's rate is $25 per hour. When you entered the bill you received from Alex for his time, what is the journal entry that is recorded? (If no entry is required, select "No debit" or "No credit" in the account fields.) Account Contract labor expense Accounts payable Debit 0 0 Credit 0x 120 x
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- From the following information, prepare a general journal entry to record the employee benefits expense for Jagger Company for the weekly payroll of May 9. (Click the icon to view the payroll register.) Prepare a general journal entry to record the employee benefits expense for Jagger Company for the weekly payroll of May 9. (Record debits first, then credits. Explanations are not required. Round your answers to the nearest cent.) Es Date May 9 Get more help. Accounts PR Debit (... Credit Payroll register Employee Tad Ness John Yu Tom Wait Total Salary 910 650 830 Print Tax 173 89 158 Deductions CPP 43 30 39 Done ΕΙ 15 11 13 Clear all Net Pay 679 520 620 - X Check answerAlex is an independent contractor and performed 3 hours of work for you that you will bill to your customer. Alex's rate is $25 per hour. When you entered the bill you received from Alex for his time,what is the journal entry that is recorded?On payday, Company A makes payment of ş 24,350 to its employees and record the following entry: General Journal Page Date Account Titles and Explanation Debit Credit
- Whispering SE's weekly payroll, paid on Fridays, totals € 6,600. Employees work a 5-day week. Prepare Whispering's adjusting entry on Wednesday, December 31, and the journal entry to record the € 6,600 cash payment on Friday, January 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit >Create a time card for Bill Brown, employee number 145, for the pay period ending on August 31 (use the current year). Fill in the employee and pay period information. Calculate the regular and overtime hours worked for each day. Some are done for you. Calculate the total regular and overtime hours. Calculate the earnings for this pay period. Overtime is paid at one and a half times his regular rate. The image showing steps is an example.Paid $940 for monthly office cleaning. What would be the correct General Ledger Entry?
- Assume an employee has a meeting with a potential client. The employee spends P2,500 on airfare, P500 on Uber rides, P3,000 on a hotel, and P1,000 on meals - all charged to their own credit card. After the trip, the employee submits an expense report for the trip. The employer the issues a reimbursement check to the employee. How much is the out-of-pocket cost?Gomez Corporation uses the allowance method to account for uncollectibles. On January 31, it wrote off an $800 account of a customer, C. Green. On March 9, it receives a $300 payment from Green.1. Prepare the journal entry for January 31.2. Prepare the journal entries for March 9; assume no additional money is expected from Green.Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,500 account of a customer, C. Green. On March 9, it receives a $1,000 payment from Green.1. Prepare the journal entry for January 312. Prepare the journal entries for March 9; assume no additional money is expected from Green. 1. Record the write-off of Green's $1,500 account 2. Record the reinstatement of Green's account, assuming no additional money is expected. 3. Record the cash receipt from Green.
- Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $900 account of a customer, C. Green. On March 9, it receives a $400 payment from Green. 1. Prepare the journal entry for January 31 2. Prepare the journal entries for March 9; assume no additional money is expected from Green.When you work for a business that pays on an hourly basis, you are usually required to keep a time card. The time card shows the time you reported for work and the time you departed each day. Total Hours = Sum of Daily Hours Compute the hours worked for each day on the time cards. Round each half of the day to the nearest quarter hour. What are the total hours for the week? What is the total pay for the week? 1. DATE OUT HOURS IN TEMPORARY EMPLOYEE TIME CARD NAME: Amanda Tacket OUT 9/13 7:00 11:00 11:30 4:45 8.45 7.40 9/14 8:10 11.35 12.30 4.35 DEPT. Accounting 9/15 8:10 12.00 12:40 4:10 6.80 11.50 12 50 9/17 7:05 11:09 1150 3:30 9/16 8:20 4:50 7.30 Note: No overtime rate. 6.44 EMPLOYEE SIGNATURE RATE per hour $8.50 TOTAL HOURS 36 40 309.40 2. TEMPORARY EMPLOYEE TIME CARD NAME. Eugene Mueller DATE IN OUT IN OUT HOURS 8/87:00 11.15 12:10 4:10 6:50 11:00 11.50 4:00 7:10 1146 12.34 358 8/11710 11.10 12.00 4.35 3/12 705 10:55 11 41 3.25 EMPLOYEE SIGNATURE RATE per hour $8.50 TOTAL HOURS…Completing the Payroll Register The Employee Payroll Register presents all the computations previously performed as it applies to this payroll period. Complete the following steps (if a field should be blank, leave it blank): Record the amount to be withheld for group insurance. Record the amount to be withheld for health insurance. Each worker is to be paid by check. Assign check numbers provided to the correct employee. Compute the net pay for each employee. Total the input columns. KIPLEY COMPANY, INC.Payroll RegisterFor Period Ending January 8, 20-- EARNINGS DEDUCTIONS NET PAY Name Gross OASDI HI FIT SIT SUTA CIT SIMPLE Grp. Ins. Health Ins. Ck. No. Amount Carson, F. $700.00 $43.40 $10.15 $48.00 $21.49 $0.42 $21.00 $20.00 Wilson, W. 897.04 55.62 13.01 68.00 27.54 0.54 26.91 50.00 Utley, H. 678.75 42.08 9.84 14.00 20.84 0.41 20.36 40.00 Fife, L. 877.10 54.38 12.72 33.00 26.93 0.53 26.31 50.00 Smith, L. 790.00 48.98 11.46 59.00…