Marigold Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29-31). Employees work 5 days a week and the company pays $1610 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January? O No adjusting entry is required. Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable 8050 4830 1610 8050 4830 1610

Accrued Wages Skiles Company's weekly payroll amounts to $10,000 and payday is every Friday. Employees work five days per week, Monday through Friday. The appropriate journal entry was recorded at the end of the accounting period, Wednesday, August 31, 2022. Required: What journal entry is made on Friday, September 2, 2022? For those boxes in which no entry is required, leave the box blank.

Assume that the weekly payroll of A Inc. is $5,000. Employees work five days a week, Monday through Friday. December 31, the end of the year falls on Wednesday, but the company won't pay employees for the full week until its usual payday, Friday. What adjusting entry will A Inc., make on Wednesday, December 31? Accounts Dr. Cr. O Salaries Expense $5,000 Salaries Payable $5,000 Accounts Dr. Salaries Expense $5,000 Cash Cr. $5,000 Accounts Dr. Cr. Salaries Payable $5,000 Salaries Expense $5,000 Accounts Dr. Cr. Salaries Expense $5,000 Accumulated Salarles $5,000

Sheffield Consulting Inc's gross salaries for the biweekly period ended August 24 were $12,500. Deductions included $743 for CPP, $235 for El, and $6,248 for income tax. The employer's payroll costs were $743 for CPP and $329 for El. Prepare journal entries to record (a) the payment of salaries on August 24; (b) the employer payroll costs on August 24, assuming they will not be remitted to the government until September; and (c) the payment to the government on September 15 of all amounts owed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Date Account Titles and Explanation Debit Cred (a) (b) 15 (b) (c)

please assist me with workings and explanation  thanks

Godo

Swifty 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, 2022, are presented below. Employee   Hours Worked   Hourly Rate   Federal Income Tax Withholdings   United Fund Ben Abel   40   $14.00   $59.00     $5.00   Rita Hager   41   16.00   64.00     5.00   Jack Never   44   13.00   60.00     8.00   Sue Perez   46   13.00   62.00     5.00   Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7.65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.6%. 1. Prepare a payroll register for the weekly payroll. No employee has reached the Social Security limit of $132,900 or the FUTA/SUTA limit of $7,000  2. Journalize the payroll on March 15, 2022, and the accrual of employer payroll taxes. 3. Journalize the payment of the payroll on March 16,…

Aspen Park Senior Center has a weekly payroll of $20,000. December 31 falls on Monday, and Aspen Park Senior Center will pay its employees the following Monday (January 7) for the previous full week. Assume Aspen Park Senior Center has a five-day workweek and has an unadjusted balance in Salaries Expense of $600,000. Read the requirements. Requirement 1. Record the adjusting entry for accrued salaries on December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Accounts and Explanation Debit Credit Date Dec. 31 Cash Prepaid Salaries Revenues Salaries Expense Salaries Payable Requirements 1. Record the adjusting entry for accrued salaries on December 31. 2. Post the adjusting entry to the accounts involved and show their balances after adjustments. 3. Record the journal entry for payment of salaries made on January 7. Print Done X