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PAYROLL JOURNAL ENTRY: Journalize the following data taken from the payroll register of Himes Bakery as...

PAYROLL JOURNAL ENTRY: Journalize the following data taken from the payroll register of Himes Bakery as of June 12, 2013:

            Regular earnings                                                                      $6,520.00

            Overtime earnings                                                                          950.00

            Deductions:

                        Federal income tax                                                 782.00

                        State income tax                                                                150.00

                        Social Security Tax                                                             463.14

                        Medicare Tax                                                         108.32

                        Pension Plan                                                             80.00

                        Health insurance premiums                                     190.00

Business   Accounting   
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Answer #1
Date Account Titles and Explanation Debit Credit
June 12, 2013 Salaries and wages expense ($6520 + $950) 7470.00
Employee federal income tax payable 782.00
Employee state income tax payable 150.00
FICA-Social security tax payable 463.14
FICA-Medicare tax payable 108.32
Pension plan payable 80.00
Health insurance payable 190.00
Salaries and wages payable 5696.54
(To record the payroll payable)
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