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- 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 ReadyQuestion 13: Which of the following payroll register columns can contain a combination of multiple withholding amounts? Answer: A. O State Income Tax Withholding В. O Social Security C. O Medicare D. O Voluntary WithholdingsWhich of the following payroll register columns can contain a combination of multiple withholding amounts? Answer: A. State Income Tax Withholding B. Social Security C. Medicare D. Voluntary Withholdings
- Topic: Payroll and Promissory NotesQuestion 1: Which of the following appears on the W-3 Form but does not appear on the W-2 Form? Answer: A. O Federal income tax withheld В. O Kind of payer С. Social Security wages D. Dependent care benefitsI. Define: a. Minimum wage b. E.O. 226 c. BMBE Law d. CDA e. Tax law vs gaap f. Statutes and Presidential Decrees g. Judicial Decision or case laws h. Local Ordinances i. Ad Valorem j. Sin Taxes
- When an organization makes payment to the government for payroll taxes, the payment is journalized as O A. Accounts Payable O B. Accounts Receivable C. Cash O D. ExpensesQuestion 12: Match the payment due dates with the type of depositor. Following Friday Semiweekly (pay date Wed-Fri) DROP HERE Following Wednesday Semiweekly (pay date Sat-Tues) DROP HERE 15th of the next month Monthly DROP HEREQuestion 3: Which of the following items is not reported on the W-2 Form? Answer: A. Dependent care benefits Union dues C. Hours worked D. State income tax withheld B.
- Question 5: Which of the following employee taxes is matched by the employer? Answer: А. State unemployment tax Federal income tax C. Medicare tax D. Federal unemployment tax B.Which form does the Internal Revenue Service use to keep track of employees? A. SS-4B. I-9C. SS-8D. W-4Question 1 Under which circumnstances should a company disclose contingent liabilites in the footnotes of the financial statements? I. When it is probable the company will suffer a loss and the liability can be measured II. When it is probable the company will suffer a loss but the liability cannot be measured III. When is it only reasonably possible that the company will suffer a loss Il and II O l only I and II O , I, II
