Mann Hardware has four employees who are paid on an

hourly basis
Mann Hardware has four employees who are paid on an hourly basis

Question
Problem 11-3A
Mann Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all
hours worked in excess of 40 a weekProblem 11-3A
Mann Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all
hours worked in excess of 40 a week.
Payroll data for the week ended March 15, 2014, are presented below.
Employe
e

Hours
Worked

Hourly
Rate

Federal Income Tax

Withholdings

Ben Abel

40

$15

Rita Hager

41

Jack Never

44

Sue Perez

46

United
Fund

$?
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$5.00

16

5.00

13

60.00

8.00

13

61.00

5.00

Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The
following tax rates are applicable: FICA 7.65%,
state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.8%.

Prepare a payroll register for the weekly payroll. (Use the wage-bracket withholding table in the
text for federal income tax
withholdings.) (Round answers to 2 decimal places, e.g. 15.25.)
MANN HARDWARE
Payroll Register
For the Week Ending March 15, 2014
Deductions

Earnings
Employ Hou
ee
rs
Ben
Abel

40

Rita
Hager

41

Jack
Never

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44

Sue
Perez

46

Totals

Regular

Overtime
$

Gross Pay
$

Federal
State
Income Tax Income Tax

FICA
$

United
Fund

Total
$
$
$
$

Net Pay
$

Salaries
and Wages
Expense
$
$

Journalize the payroll on March 15, 2014, and the accrual of employer payroll taxes. (Round
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answers to 2 decimal places, e.g. 15.25.
Credit account titles are automatically indented when amount is entered. Do not indent
manually.)
Date

Account Titles and Explanation

Mar. 15

(To record payroll)

Mar. 15

(To record accrual of payroll taxes.)

Debit

Credit

Journalize the payment of the payroll on March 16, 2014. (Round answers to 2 decimal places,
e.g. 15.25. Credit account titles are
automatically indented when amount is entered. Do not indent manually.)
Date

Account Titles and

Explanation

Debit

Credit

Mar. 16

Journalize the deposit in a Federal Reserve bank on March 31, 2014, of the FICA and federal
income taxes payable to the government. (Round
answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when
amount is entered. Do not
indent manually.)
Account Titles and
Explanation

Debit

Problem 11-3A
Accounts Payable
Accounts Receivable
Accumulated Depreciation-Equipment
Cash
Cost of Goods Sold

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Credit

Depreciation Expense
Equipment
Federal Income Taxes Payable
Federal Unemployment Taxes Payable
FICA Taxes Payable
Health Insurance Payable
Insurance Expense
Interest Expense
Interest Payable
Inventory
Lawsuit Liability
Lawsuit Loss
Mortgage Payable
Notes Payable
Other Operating Expenses
Owner's Capital
Payroll Tax Expense
Pension Expense
Pension Liability
Prepaid Insurance
Prepaid Rent
Rent Revenue
Repair Parts
Salaries and Wages Expense
Salaries and Wages Payable
Sales Revenue
Sales Taxes Payable
Service Revenue
State Income Taxes Payable
State Unemployment Taxes Payable
Subscription Revenue
Ticket Revenue
U.S. Savings Bonds Payable
Unearned Service Revenue
Unearned Subscription Revenue
Unearned Ticket Revenue
Union Dues Payable
United Fund Contributions Payable
Utilities Payable
Vacation Benefits Expense
Vacation Benefits Payable
Warranty Expense
Warranty Liability

Mann Hardware has four employees who are paid on an hourly basis
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