Ocean Company had the following partially completed payroll register (CRC icon to view the partial payrod sister) (Click
Posted: Mon May 30, 2022 8:09 am
Company had the following partially completed payroll register (CRC icon to view the partial payrod sister) (Click the icon to www payrol tax rate information) Read the requrument Requirement 1, Complete the payto register, Round to two decimah (Roond al amounts to the neared cont Abbreviations used Beg-Bagning Cun Cimuntve Ean Engs, E-Expense Med Mudcance With Withholdings, Ck Chock) Earnings Withholdings More info Salaries and Beg Current Ending Cum Period Cum Not For all payrol calculations, we the flowing tex rais and round at the nearest cent Wages Exp. OASDI Med Income Tax S 900 $ Health United Total Ins. Way With 12 S 20 Earn $ 84.000 $ Pay Earn. Earn 4100 $ 88,100 145% OASO 62% of $132.000 Med 1300,000, 235% on warings above $200 000 150 750 40 7,500 136 500 Employer 129,000 OASD 62% ost $132.900 med Mode 145% FUTA 00% on firil 17.000 eamed SUTA 5 % on 57,000 amet 54.900 52,000 2.900 630 50 3.300 65,000 300 68300 0 4,500 4.500 450 Print Done $ 3070 S $ 330,000 $ 22.300 $352.000 ol 66 45 90 O 4455 105 Chk No 801 802 803 304 805
30 Data table Earnings Beginning Current Ending Cumulative Period Cumulative Earnings Earnings Earnings $ 84,000 $ 4,100 129,000 7,500 52,000 2,900 65,000 3.300 0 4,500 330,000 $22,300 OASDI Medicare Income Tax Withholdings Health Insurance S 902 S 750 638 330 450 $ 3,070 S Print United Way 82 5 20 150 58 66 90 446 S Done to $8 0 45 0 105 Total Withholdings Net Pay - X Salaries and Check Wages No: Expense 801 002 803 104 805 Cle
Requirements 1. Complete the payroll register. Round to two decimals. 4 2. Journalize Ocean Company's salaries and wages expense accrual for the current pay period. 3. Journalize Ocean Company's expenses for employer payroll taxes for the current pay period. 4. Journalize the payment to employees. 5. Journalize the payment for withholdings and employer payroll taxes. Print Done - X
Ocean 30 Data table Earnings Beginning Current Ending Cumulative Period Cumulative Earnings Earnings Earnings $ 84,000 $ 4,100 129,000 7,500 52,000 2,900 65,000 3.300 0 4,500 330,000 $22,300 OASDI Medicare Income Tax Withholdings Health Insurance S 902 S 750 638 330 450 $ 3,070 S Print United Way 82 5 20 150 58 66 90 446 S Done to $8 0 45 0 105 Total Withholdings Net Pay - X Salaries and Check Wages No: Expense 801 002 803 104 805 Cle
Requirements 1. Complete the payroll register. Round to two decimals. 4 2. Journalize Ocean Company's salaries and wages expense accrual for the current pay period. 3. Journalize Ocean Company's expenses for employer payroll taxes for the current pay period. 4. Journalize the payment to employees. 5. Journalize the payment for withholdings and employer payroll taxes. Print Done - X