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In Unit 7 you are to complete the One-Month Project in your textbook on pages 226 - 229. Please note Step 1 on page 228 has already been completed for you on the Excel working papers. You should complete the Employee Earnings Record for each employee for the four separate payroll periods in the month of December (12/09; 12/16; 12/23; and 12/30). Please note when making the journal entries to record the payroll and the employer's payroll taxes there should be four separate journal entries for each since there are 4 payroll periods.
Project Check Figures:
Total Net Pay (December):
Cranston: $1,929.40
Harrison: $1,421.34
Parker: $11,138.32
Sternberg: $6,546.24
Form 941 Line 6 $18,492.54
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