Calculate the amounts omitted in lines

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Question

Summary Payroll Data

In the following summary of data for a payroll period, some amounts have been intentionally omitted:

Earnings:

1. At regular rate ?

2. At overtime rate $60,900

3. Total earnings ?

Deductions:

4. Social security tax 24,360

5. Medicare tax 6,090

6. Income tax withheld 103,500

7. Medical insurance 14,000

8. Union dues?

9. Total deductions 150,000

10. Net amount paid 256,000

Accounts debited:

11. Factory Wages 215,200

12. Sales Salaries?

13. Office Salaries 81,200

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.

Reference no: EM132366612

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