ACC 106
\nTest #3
\nNAME_____________
\nDirections: On April 1, a petty cash fund was established for $150. The following vouchers were issued during the month. Prepare the journal entries to (a) establish the petty cash fund on April 1 and (b) replenish the petty cash fund on April 30.<\/p>\n
Date
\nPurpose
\nAmount
\n6\t\tOffice supplies\t12.00
\n8\t\tTaxi fare for customer (travel and entertainment)\t27.50
\n12\t\tPostage due\t4.50
\n17\t\tDonation (Red Cross)\t20.00
\n24\t\tOffice supplies\t21.00
\n30\t\tOwner withdrawal for personal use\t50.00<\/p>\n
GENERAL JOURNAL<\/p>\n
DATE
\nDESCRIPTION\tPOST
\nREF
\nDEBIT
\nCREDIT<\/p>\n
Directions: Tobi\u2019s Tax & Accounting Services has four employees who are paid on a weekly basis. Each is paid time and one-half for working more than 40 hours in one week. The payroll data for the week ended October 31 is shown below. Use this information to complete the payroll register on the next page. Round to the nearest two decimal places, as needed. Total and verify the columns.<\/p>\n
The cumulative earnings shown above are for the year through last week. Social Security tax is withheld at 6.2% and Medicare tax at 1.45%. Each employee who is married has $45 withheld for health insurance, and each employee who is single has $18 withheld. Ulmer has $30 deducted each pay period for U.S. Savings Bonds. The unemployment compensation earnings for each of the employees is $0.00 for this pay period.
\nPAYROLL REGISTER
\nName\tNumber of Allowances\tMarital Status\tEarnings\tTaxable Earnings
\nRegular\tOvertime\tTotal\tCumulative Total\tUnemployment Compensation\tSocial Security
\nJ. Jay\t1\tS\t\t\t\t\t0.00
\nK. Meier\t0\tS\t\t\t\t\t0.00
\nL. Thayer\t2\tM\t\t\t\t\t0.00
\nM. Ulmer\t4\tM\t\t\t\t\t0.00
\n0.00<\/p>\n
For the Week Ended 10\/31\/–
\nFIT\tSocial Security\tMedicare\tHealth Insurance\tU.S. Bonds\tTotal Deductions\tNet Pay\tCheck Number
\n1001
\n1002
\n1003
\n1004<\/p>\n","protected":false},"excerpt":{"rendered":"
ACC 106 Test #3 NAME_____________ Directions: On April 1, a petty cash fund was established for $150. The following vouchers were issued during the month.\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7586,1386,7589,7587,7588,7584,7585],"tags":[8809,7838,8811,8808,8813,8807,8806,8814,8810,8812],"class_list":["post-93599","post","type-post","status-publish","format-standard","hentry","category-best-dissertation-writing-service-in-australia","category-best-research-paper-writing-services-in-usa","category-capstone-project-writing-service","category-legitimate-phd-dissertation-writing-services-usa","category-term-paper-writing-service","category-thesis-writing-service-in-canada","category-uae-best-dissertation-writing-help-service","tag-best-master-thesis-writing-service","tag-best-thesis-writing-services","tag-cheap-thesis-writing-services","tag-master-thesis-help","tag-master-thesis-writing-service","tag-thesis-help-online-free","tag-thesis-writing-help-online","tag-thesis-writing-services-cost","tag-thesis-writing-services-near-me","tag-thesis-writing-services-reviews"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/93599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=93599"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/93599\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=93599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=93599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=93599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}