COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
4th Edition
ISBN: 9781260255157
Author: Haddock
Publisher: MCG CUSTOM
expand_more
expand_more
format_list_bulleted
Question
Chapter 10, Problem 3.5SRE
To determine
Identify the account in which payroll deductions are recorded.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
B.
D
Based on the information below, 1) complete the April 15th payroll register for Mansouri Medical Center and 2)
prepare the jounal entries needed to record payroll and the also the employer's liability. (Two journal entries)
Assume a state unemployment tax rate of 3.2% and a federal unemployment tax rate of 0.8% and a $7,000
maximum taxable earnings.
Use of formulas is required, along with appropriate number formatting, correct spelling and neatness. Yes,
neatness counts! Idid the heavy lifting for you here- you need to do the rest.
Gross Pay -
Federal
Union Dues
Name
Earnings to Date
Standard
Gross Pay - Overtime Total Gross Pay Withholding
Deduction
無一 排
70.00 S
50.00 $
18.10 $
9.20 $
9.00
200.00 S
250.00 $
300.00 $
350.00 $
270.00 S
J. Erin
M. Riddle
W. Monde
M. Murray
2$
3,800.00 $
300.00 S
11.00
6,950.00 $
7,200.00 $
8,000.00 $
14.00
300.00 $
350.00 $
15.70 $
28.40 $
4
27
28
29
30
B1
32
33
34
35
36
37
38
39
40
41
42
43
Payroll - Chapter 8
Ready
Describe the costs and the basic accounting activities relationg to payroll
What kind of account is Unearned Revenue?a. Liability accountb. Asset accountc. Expense accountd. Revenue account
Chapter 10 Solutions
COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
Ch. 10 - Prob. 1.1SRQCh. 10 - Prob. 1.2SRQCh. 10 - Prob. 1.3SRQCh. 10 - Prob. 1.4SRECh. 10 - Prob. 1.5SRECh. 10 - Prob. 1.6SRACh. 10 - Prob. 2.1SRQCh. 10 - Prob. 2.2SRQCh. 10 - Prob. 2.3SRQCh. 10 - Prob. 2.4SRE
Ch. 10 - Stacy Carter worked 48 hours during the week...Ch. 10 - Prob. 2.6SRACh. 10 - Prob. 3.1SRQCh. 10 - What accounts are debited and credited when...Ch. 10 - Prob. 3.3SRQCh. 10 - Prob. 3.4SRECh. 10 - Prob. 3.5SRECh. 10 - This general journal entry was made to record the...Ch. 10 - Prob. 1CSRCh. 10 - Prob. 2CSRCh. 10 - Prob. 3CSRCh. 10 - Prob. 4CSRCh. 10 - Prob. 5CSRCh. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10DQCh. 10 - How does the direct deposit method of paying...Ch. 10 - What are the four bases for determining employee...Ch. 10 - Prob. 13DQCh. 10 - Prob. 14DQCh. 10 - Prob. 15DQCh. 10 - Prob. 1ECh. 10 - Prob. 2ECh. 10 - The monthly salaries for December and the...Ch. 10 - Prob. 4ECh. 10 - Prob. 5ECh. 10 - Prob. 6ECh. 10 - On July 31, 2019, the payroll register for White...Ch. 10 - Prob. 1PACh. 10 - Prob. 2PACh. 10 - Prob. 3PACh. 10 - Prob. 4PACh. 10 - Prob. 1PBCh. 10 - Prob. 2PBCh. 10 - Prob. 3PBCh. 10 - Prob. 4PBCh. 10 - Prob. 1CTPCh. 10 - Prob. 2CTPCh. 10 - Prob. 1MFCh. 10 - The new controller for CAR Company, a...Ch. 10 - Prob. 3MFCh. 10 - Prob. 4MFCh. 10 - Prob. 1ED
Knowledge Booster
Similar questions
- What is the purpose of the Income Summary account? How does it relate to the revenue and expense accounts?arrow_forwardAdvanced collections from customers prior to the performance obligation being satisfied is accounted as what account? As a deposit reported as an asset on the balance sheet A liability reported on the balance sheet Revenue reported on the income statement Deferred revenue reported as comprehensive incomearrow_forwardwhich of the following items does accounts receivable include a. money paid for labor and received for services b. accounts receivable aging report c. state unemployment insurance d. overhead should include costs directly associated with a particular project, such a material and specific projects payrollarrow_forward
- When a credit is made to federal income taxes withholding payable account related to taxes withheld from an employee, the corresponding debit is made to a. Wages Expense b. Taxes Expense c. Taxes Payable d. Casharrow_forwardWhen an entity has the benefit of particular service but it has not received the bill (invoice) to pay for it, this creates: a. prepayment b. accrued expense. c. accounts receivable d. revenuearrow_forwardWhich of the following is a contra-liability account? a. Taxes Payable b. Accumulated Amortization c. Discount on Notes Payable d. Notes Payablearrow_forward
- The deparment that should pay the payroll is the: a. payroll deparment b. human resources deparment c. trasures's department d. timekeeping departmentarrow_forwardOn a classified balance sheet, wages payable is classified as: a.a current liability. b.a long-term liability. c.a current asset. d.a revenue account. e.a general expense.arrow_forwardTopic: payroll processing and fixed asset procedure Subject: accounting information systemarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
College Accounting (Book Only): A Career ApproachAccountingISBN:9781337280570Author:Scott, Cathy J.Publisher:South-Western College Pub
Auditing: A Risk Based-Approach (MindTap Course L...AccountingISBN:9781337619455Author:Karla M Johnstone, Audrey A. Gramling, Larry E. RittenbergPublisher:Cengage Learning
Intermediate Accounting: Reporting And AnalysisAccountingISBN:9781337788281Author:James M. Wahlen, Jefferson P. Jones, Donald PagachPublisher:Cengage Learning
Cornerstones of Financial AccountingAccountingISBN:9781337690881Author:Jay Rich, Jeff JonesPublisher:Cengage Learning
College Accounting (Book Only): A Career Approach
Accounting
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:South-Western College Pub
Auditing: A Risk Based-Approach (MindTap Course L...
Accounting
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:Cengage Learning
Cornerstones of Financial Accounting
Accounting
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Cengage Learning