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The General Ledger of Berskshire Mountain Manufacturing Inc Showed The
The General Ledger of Berskshire Mountain Manufacturing Inc Showed The
The General Ledger of Berskshire Mountain Manufacturing Inc Showed The
The general ledger of Berskshire Mountain Manufacturing Inc. showed the following credit
balances on January 15:
Direct labor earnings amounted to $10,500 from January 16 to 31. Indirect labor was $5,700,
and sales and administrative salaries for the same period amounted to $3,800. All wages are
subject to FICA, FUTA, state unemployment taxes, and 10% income tax withholding.
Required:
2. Prepare the journal entry to record the payment of the amounts due for the month to the
government for FICA and income tax withholdings.
3. Calculate the amount of total earnings for the period from January 1 to 15.
4. Should the same person be responsible for computing the payroll, paying the payroll and
making the entry to distribute the payroll? Why or why not?
ANSWER
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the/