Journal entries for payroll A partial summary of the payroll data for Barrington Manufacturing…

Journal entries for payroll

A partial summary of the payroll data for Barrington Manufacturing Company for each week of June is as follows: 

41,797

41,804

21-Jun

28-Jun

Gross earnings

$36,500

34,200

$37,300

$38,400

Deductions:    

FICA tax, 8%

$?

$?

$?

$?

Tax-sheltered annuity

1,825

1,780

1,855

1,870

Income tax

4,215

4,120

4,320

4,410

Health insurance

600

600

600

600

Total deductions

$?

$?

$?

$?

Net earnings

$?

$?

$?

$?

a. Compute the missing amounts in the summary, assuming that no employees have reached the $100,000 FICA maximum.

b. For each payroll period, prepare journal entries to (1) record the payroll and (2) record the payments to employees.