My other question did not have the completed time card attached. The completed timecard is attached below.Complete the payroll register for Bill Brown for the pay period ending on August 31.Fill in the regular, overtime, and total earnings from the time card.Calculate Bill’s federal income tax using the IRS Employee Income Tax Withholding table for a semimonthly pay period (see https://www.irs.gov/pub/irs-pdf/p15t.pdf).Calculate Social Security tax at 6.2% and Medicare tax at 1.45%.Bill elected to withhold 10% of his earnings for retirement and 5% for health insurance.Calculate Net Pay.Bill will be paid with Check No. 1145. Semimonthly period ended: August 31, 20xxEmpl. No.Name145 Brown, Bill157 Hanifan, Ted149 Jones, Beth134 Lowe, JudyTotalsMaritalStatusMMSMNo. ofAllowanc2242Regular Overtime1,058.001,074.001,486.003,618.00B and C Sporting GoodsPayroll RegisterTotal48.50 1,106.5084.00 1,158.00108.00 1,594.00240.50 3,858.50Federal SocialIncome Security93.0090.00165.00348.0068.6071.8098.83239.23Medicare Health RetiremeTax Insuranc nt Plan16.0416.7923.1155.9560.0090.0060.00210.0025.0020.0050.0095.00Date of payment: August 31, 20xxCheckNo.Total Net Pay262.65288.59843.85869.41396.94 1,197.06948.18 2,910.32114611471148 B & C SPORTING GOODS -- TIMECARDEmployee No. 145Name Bill BrownPay Period Ended 31-Aug-22MorningAfternoon Overtime HoursDATE IN OUT IN OUT IN OUT REG OT17-Aug 7:58 12:0118-Aug 7:58 11:59 1:05 5:06 5:28 7:5919-Aug 7:56 12:02 1:04 5:029:0220-Aug 7:58 12:00 12:56 4:59 5:28 8:5621-Aug 8:02 12:01 12:59 5:00 6:0024-Aug 8:00 11:59 1:00 5:0025-Aug 8:01 12:02 1:05 4:5926-Aug 7:58 12:00 1:04 5:0610:3027-Aug 8:02 12:01 12:56 5:02 6:0028-Aug 8:00 11:59 12:59 4:59 6:00 8:3031-Aug 8:01 12:02 1:00 5:00REGULAROVERTIMETOTAL HOURSHOURS841610049 00 00 00 0000 00 00 00 00 00 00 00 008 2.58 3.58855838 4.58 2.58RATE AMOUNT$16.00$1,344.00$24.00$384.00TOTALEARNINGS $1,728.00

My other question did not have the completed time card attached. The completed timecard is attached below. Complete the payroll register for Bill Brown for the pay period ending on August 31. Fill in the regular, overtime, and total earnings from the time card. Calculate Bill’s federal income tax using the IRS Employee Income Tax Withholding table for a semimonthly pay period (see https://www.irs.gov/pub/irs-pdf/p15t.pdf). Calculate Social Security tax at 6.2% and Medicare tax at 1.45%. Bill elected to withhold 10% of his earnings for retirement and 5% for health insurance. Calculate Net Pay. Bill will be paid with Check No. 1145.

My other question did not have the completed time card attached. The completed timecard is attached below. Complete the payroll register for Bill Brown for the pay period ending on August 31. Fill in the regular, overtime, and total earnings from the time card. Calculate Bill’s federal income tax using the IRS Employee Income Tax Withholding table for a semimonthly pay period (see https://www.irs.gov/pub/irs-pdf/p15t.pdf). Calculate Social Security tax at 6.2% and Medicare tax at 1.45%. Bill elected to withhold 10% of his earnings for retirement and 5% for health insurance. Calculate Net Pay. Bill will be paid with Check No. 1145.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 4.9C

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