Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Payroll accounting chapter 7 project solutions

28/04/2021 Client: muhammad11 Deadline: 2 Day

I have a payroll project I would like some help on. The beginning is filled out and the rest has to be completed based on following the instructions from:
Payroll Accounting 2017, 27th Ed. Bieg & Toland. Cengage. LL + CNOW: 9781337734769
I have included some instructions but it would be easier if you have access to the book
I have also included the Excel sheets. The excel program has checkpoints that will tell you if the answer is wrong. I am currently struggling with this. I understand this is a time consuming project and will pay for someone's time. If one portion is incorrect, the rest will end out wrong as well.Start of Project: Nov 1: The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you in the payroll register, the employees' earnings records, the general journal, and the general ledger. By reviewing the calculations of the wages and deductions in the payroll register and the posting of the information to the employees' earnings records, you can see the procedure to be followed each payday. Observe the following rules in computing earnings each pay period: 1. 2. 3. 4. 5. 6. Do not make any deduction from an employee's earnings if the employee loses less than 15 minutes of time in any day. Time lost that exceeds 15 minutes is rounded to the nearest quarter-hour and deducted. If the time lost by an employee is not to be deducted, the time clerk will make a notation to that effect on the Time Clerk's Report. In completing the time record columns of the payroll register for all workers, you should place an 8 in the day column for each full day worked (refer to page PR-2). If an employee works less than a full day, show the actual hours for which the employee will be paid. In the case of an employee who begins work during a pay period, compute the earnings by paying the employees their weekly rate for any full week worked. For any partial week, compute the earnings for that week by multiplying the hours worked by the hourly rate of pay. If time lost is to be deducted from a salaried employee's pay, the employee's pay must be determined by multiplying the actual hours worked for that week by the hourly rate. If hours are missed but no pay is deducted, include those hours in the Time Record columns on the payroll register. The following schedule shows the weekly and hourly wage rates of the salaried employees: Plant workers (Bonno and Ryan), other than supervisors, are employed on an hourly basis. Compute the wages by multiplying the number of hours worked during the pay period by the employee's hourly rate. The information needed and the sequence of steps that are completed for the payroll are presented in the following discussion. The time clerk prepared Time Clerk's Report Nos. 38 and 39 from the time cards used by the employees for these workweeks. Inasmuch as the president, sales manager, sales representatives, and supervisors do not ring in and out on the time clock, their records are not included in the time clerks report, but their salaries must be included in the payroll. ① The following schedule shows the hourly wage rates of the three hourly employees used in preparing the payroll register for the payday on October 9. Pay Points Tax calculations are to be taken to three decimal places and then rounded to two places. ② The entry required for each employee is recorded in the payroll register. The names of all employees are listed in alphabetical order, including yours as “Student.” The fold-out payroll register forms needed to complete this project are in the Payroll Register (pages PR-3, PR-3, and PR-4). No deduction has been made for the time lost by Williams. Thus, the total number of hours (80) for which payment was made is recorded in the Regular Earnings Hours column of the payroll register. However, a notation of the time lost (D) was made in the Time Record column. When posting to Williams's earnings record, 80 hours is recorded in the Regular Earnings Hours column (no deduction for the time lost). In computing the federal income taxes to be withheld, the wage-bracket tables in Tax Table B. Pay Points Use tax tables for biweekly payroll period. Each payday, $8 was deducted from the earnings of the two plant workers for union dues (Bonno and Ryan). Payroll check numbers were assigned beginning with check no. 672. In the Labor Cost Distribution columns at the extreme right of the payroll register, each employee's gross earnings were recorded in the column that identifies the department in which the employee regularly works. The totals of the Labor Cost Distribution columns provide the amounts to be charged to the appropriate salary and wage expense accounts and aid department managers and supervisors in comparing the actual labor costs with the budgeted amounts. Once the net pay of each employee was computed, all the amount columns in the payroll register were footed, proved, and ruled. ③ An entry was made in the journal transferring from the regular cash account to the payroll cash account the amount of the check issued to Payroll to cover the net amount of the payroll; next, the entry was posted.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Accounting Homework Help
Quality Homework Helper
Assignment Helper
Exam Attempter
Homework Tutor
Assignment Guru
Writer Writer Name Offer Chat
Accounting Homework Help

ONLINE

Accounting Homework Help

I will cover all the points which you have mentioned in your project details.

$24 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

I will cover all the points which you have mentioned in your project details.

$33 Chat With Writer
Assignment Helper

ONLINE

Assignment Helper

I have read your project details. I can do this within your deadline.

$23 Chat With Writer
Exam Attempter

ONLINE

Exam Attempter

I will cover all the points which you have mentioned in your project details.

$15 Chat With Writer
Homework Tutor

ONLINE

Homework Tutor

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$25 Chat With Writer
Assignment Guru

ONLINE

Assignment Guru

I have read and understood all your initial requirements, and I am very professional in this task.

$35 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

75 WORD FEEDBACK/RESPONSE DUE IN A FEW HOURS - Managing Risk in information system - Voomtech - Poster annotation - Please let me know if you need any further assistance - Petroleum engineering faculty position - Conductor meaning in science - Fossil fuels for kids - Computer science illuminated chapter 4 answers - Leadership in organizations yukl 8th edition - Section 131 minute maid park - The outsiders chapter 4 audio - Can you complete my discussion for me? - Dis 2 - Ato tax agent fast key codes - Advantage energy technology data center migration priority matrix - Decision Algorithm - Dental x ray technician - SO1050 Sociology - Mike roberts credit solution program reviews - The poop on composting case study answers - Padi 5 point ascent - 1870 in roman numerals - What word does the adjective clause modify - How to say neytiri - Greenberg and baron 2008 - Organizational Behavior: Rewards and Recognitions - Orleanna quotes poisonwood bible - Sam cengage login aspx - Force table experiment lab report - What are the communication challenges and barriers barry faces - The deaf society sydney - How do you know which counterargument to address - Porter 5 forces starbucks - Compare scientific law and scientific theory - Wurth time sert master kit - Calorimetry and hess's law - Strategic planning assignment 1 - New innovations in mathematics - Write an essay that defines the topic of your research for this course and synthesizes different perspectives on the issue from sources you have read critically. Mental illness in athletes or high school athletes. - DQ5 - How does academic dishonesty undermine the purpose of graduate school - Omgeo alert best practice - Class e rf power amplifiers - Life forms are significant because - Flannery o connor writing short stories essay - Milky iridescence crossword clue - Zappos call center best practices - Research journal of english language and literature rjelal - Colonial adventure tours case answers chapter 3 - William lane craig miracles - WRITING TO REFLECT - Eng 102 - Joint costs are commonly allocated based upon relative - 18594 la 3235 galliano la 70354 - Do durex condoms kill sperm cells - How much paint do i need for 1 wall - The aida model's four basic promotion jobs are concerned with - Literature Review/Educational Psychology - Final Paper - Network infrastructure windows 10 - The crayon box that talked coloring page - The functional group present in propanone is - Adhd in the classroom powerpoint - Compare and contrast two fundamental security design principles - Nursing - Out of the darkness you shine - Classification lab answer key - Questions about acids and bases - Wireless Vulnerabilities - Trump boulders in a harness sticker - How many syllables in snail - William damon's stages of friendship - Chemistry - PAPER HOTEL RWANDA MOVIE - Whirly corporation's contribution format income - Sodastream refill 7 eleven - How to win marketing simulation managing segments & customers - Www pigeon craic com auctions - Letter of advice example - Purpose of the statement of the problem - How are accounts in the accounts payable ledger arranged - Year 7 computing test - South belfast youth league - Advantages of kotter's 8 step change model - Responses to 2 discissions post. Leadership - Systems analysis and design with uml 5th edition pdf - Virginia tech short answer questions - CJT202 DISCUSSION - Molecular polarity lab - Apollo shoes case study solution - Expected cash collections in december are - Doveton neighbourhood learning centre - Intercept cs cold sore prevention system shoppers drug mart - Week 6 dis - Recorded Retail Site Selection Presentation - American society for public administration code of ethics - Nonessential modifiers are enclosed in - Mcdonald's our food your questions case study - Identify the three technologies that are reinventing the supply chain