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Prepare the journal entries to record payment of beths wages

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Beth Corbin's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period, Beth works 45 hours. Beth's federal income tax withholding is $96, she has no voluntary deductions, and the FICA tax rate is 7.65%. Use January 15 for the end of the pay period and the payment date.

Prepare the journal entries to record (a) Beth's pay for the period and (b) the payment of Beth's wages. (Round your answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No. Date Account Titles and Explanation Debit Credit
(a)  Jan. 15 Salaries and Wages Expense 665  
Salaries and Wages Payable   519.13
FICA Taxes Payable   50.87
Federal Income Taxes Payable   95
(b)  Jan. 15 Payroll Tax Expense 50.87  
FICA Taxes Payable   50.87

Reference no: EM131798989

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