Test Bank for Payroll Accounting
2025 Edition
Brandon worked 7 hours on Monday, 8 hours on Tuesday, 10 hours on Wednesday, 9 hours on
Thursday, 10 hours on Friday, and 4 hours on Saturday. Brandon's rate of pay is $12 per hour.
Calculate Brandon's regular, overtime and total hours for the week. - ANSWERS40 Regular Hours, 8
Overtime Hours, and 48 Total Hours
Matt has gross earnings of $300.00 and total deductions of $126.75. What is Matt's net pay? -
ANSWERS$173.25
Sports Incorporated has employer payroll taxes as follows: Social Security Tax $225.00, Medicare Tax
$125.00 and Federal Unemployment Tax $55.00. What is the entry to record the employer's payroll
taxes? - ANSWERSDebit Payroll Tax Expense $405.00; Credit Social Security Tax Payable $225.00,
Medicare Tax Payable $125.00, Federal Unemployment Tax Payable $55.00
Burger Barn paid the following taxes: Social Security $240.00, Medicare $110.00, Federal Income Tax
$250.00. What is the entry to journalize the payment of the payroll taxes? - ANSWERSDebit Social
Security Tax Payable $240.00, Medicare Tax Payable $110.00, Federal Income Tax Payable $250.00;
credit Cash $600.00
Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize
the payment of the unemployment taxes? - ANSWERSDebit State Unemployment Tax Payable
$168.00, credit Cash $168.00
WKRP Broadcasting paid federal unemployment taxes of $28. What is the entry to journalize the
payment of the unemployment taxes? - ANSWERSDebit Federal Unemployment Tax Payable $28.00,
credit Cash $28.00
John's Seafood has $1,500.00 in wages, $93.00 in Social Security withholding, $21.75 in Medicare
withholding, $200.00 in federal income tax withholding, and $80.00 in state income tax withholding.
What is the correct entry for recording the company's payroll? - ANSWERSDebit Salary Expense
$1,500.00; credit Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income
Tax Payable $200.00, State Income Tax Payable $80.00, Cash $1,105.25
In FIGURE 4.03 C, what is the Social Security withholding for Sally? - ANSWERS$26.35
2025 Edition
Brandon worked 7 hours on Monday, 8 hours on Tuesday, 10 hours on Wednesday, 9 hours on
Thursday, 10 hours on Friday, and 4 hours on Saturday. Brandon's rate of pay is $12 per hour.
Calculate Brandon's regular, overtime and total hours for the week. - ANSWERS40 Regular Hours, 8
Overtime Hours, and 48 Total Hours
Matt has gross earnings of $300.00 and total deductions of $126.75. What is Matt's net pay? -
ANSWERS$173.25
Sports Incorporated has employer payroll taxes as follows: Social Security Tax $225.00, Medicare Tax
$125.00 and Federal Unemployment Tax $55.00. What is the entry to record the employer's payroll
taxes? - ANSWERSDebit Payroll Tax Expense $405.00; Credit Social Security Tax Payable $225.00,
Medicare Tax Payable $125.00, Federal Unemployment Tax Payable $55.00
Burger Barn paid the following taxes: Social Security $240.00, Medicare $110.00, Federal Income Tax
$250.00. What is the entry to journalize the payment of the payroll taxes? - ANSWERSDebit Social
Security Tax Payable $240.00, Medicare Tax Payable $110.00, Federal Income Tax Payable $250.00;
credit Cash $600.00
Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize
the payment of the unemployment taxes? - ANSWERSDebit State Unemployment Tax Payable
$168.00, credit Cash $168.00
WKRP Broadcasting paid federal unemployment taxes of $28. What is the entry to journalize the
payment of the unemployment taxes? - ANSWERSDebit Federal Unemployment Tax Payable $28.00,
credit Cash $28.00
John's Seafood has $1,500.00 in wages, $93.00 in Social Security withholding, $21.75 in Medicare
withholding, $200.00 in federal income tax withholding, and $80.00 in state income tax withholding.
What is the correct entry for recording the company's payroll? - ANSWERSDebit Salary Expense
$1,500.00; credit Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income
Tax Payable $200.00, State Income Tax Payable $80.00, Cash $1,105.25
In FIGURE 4.03 C, what is the Social Security withholding for Sally? - ANSWERS$26.35
