Quiz
UNIT 5 Practice Test
Perguntas do quiz (15)
1Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize the payment of the unemployment taxes?
- ADebit Cash $168.00; credit State Unemployment Tax Payable $168.00
- BDebit Payroll Tax Expense $168.00, credit Cash $168.00
- CDebit State Unemployment Tax Payable $168.00, credit Cash $168.00
- DDebit State Unemployment Tax Payable $168.00, credit Payroll Tax Expense $168.00
2John's Seafood has $1,500.00 in wages, $93.00 in Social Security withholding, $21.75 in Medicare withholding, $200.00 in federal income tax withholding, and $80.00 in state income tax withholding. What is the correct entry for recording the company's payroll?
- ADebit Salary Expense $1,500.00, Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income Tax Payable $200.00, State Income Tax Payable $80.00; credit Cash $1,105.25
- BDebit Salary Expense $1,500.00; credit Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income Tax Payable $200.00, State Income Tax Payable $80.00, Cash $1,105.25
- CDebit Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income Tax Payable $200.00, State Income Tax Payable $80.00; credit Salary Expense $1,500.00, Cash $1,105.25
- DDebit Wages Expense $1,500.00, Cash $1,105.25; credit Social Security Tax Payable $93.00, Medicare Tax Payable $21.75, Federal Income Tax Payable $200.00, State Income Tax Payable $80.00
3Brandon worked 7 hours on Monday, 8 hours on Tuesday, 10 hours on Wednesday, 9 hours on Thursday, 10 hours on Friday, and 4 hours on Saturday. Brandon's rate of pay is $12 per hour. Calculate Brandon's regular, overtime and total hours for the week.
- A40 Regular Hours, 8 Overtime Hours, and 48 Total Hours
- B30 Regular Hours, 18 Overtime Hours, and 48 Total Hours
- C35 Regular Hours, 13 Overtime Hours, and 48 Total Hours
- D48 Regular Hours, No Overtime Hours, and 48 Total Hours
4WKRP Broadcasting paid federal unemployment taxes of $28. What is the entry to journalize the payment of the unemployment taxes?
- ADebit Cash $28.00; credit Federal Unemployment Tax Payable $28.00
- BDebit Federal Unemployment Tax Payable $28.00, credit Cash $28.00
- CDebit Federal Unemployment Tax Payable $28.00, credit Payroll Tax Expense $28.00
- DDebit Payroll Tax Expense $28.00, credit Cash $28.00
5Burger Barn paid the following taxes: Social Security $240.00, Medicare $110.00, Federal Income Tax $250.00. What is the entry to journalize the payment of the payroll taxes?
- ADebit Cash $600.00; credit Social Security Tax Payable $240.00, Medicare Tax Payable $110.00, Federal Income Tax Payable $250.00
- BDebit Payroll Tax Expense $600.00; credit Cash $600.00
- CDebit Social Security Tax Payable $240.00, Medicare Tax Payable $110.00, Federal Income Tax Payable $250.00; credit Cash $600.00
- DDebit Social Security Tax Payable $240.00, Medicare Tax Payable $110.00, Federal Income Tax Payable $250.00; credit Payroll Tax Expense $600.00
6Sports Incorporated has employer payroll taxes as follows: Social Security Tax $225.00, Medicare Tax $125.00 and Federal Unemployment Tax $55.00. What is the entry to record the employer's payroll taxes?
- ADebit Payroll Tax Expense $405.00, Social Security Tax Payable $225.00; credit Medicare Tax Payable $125.00, Federal Unemployment Tax Payable $55.00
- BDebit Payroll Tax Expense $405.00; credit Cash $405.00
- CDebit Payroll Tax Expense $405.00; Credit Social Security Tax Payable $225.00, Medicare Tax Payable $125.00, Federal Unemployment Tax Payable $55.00
- DDebit Social Security Tax Payable $225.00, Medicare Tax Payable $125.00, Federal Unemployment Tax Payable $55.00; credit Payroll Tax Expense $405.00
7Greg has gross earnings of $245.00, Social Security withholding of $15.19, Medicare withholding of $3.55, federal income tax withholding of $50.00, and state income tax withholding of $15.93. What are Greg's total deductions?
- A$34.67
- B$68.74
- C$84.67
- D$160.33
8Matt has gross earnings of $300.00 and total deductions of $126.75. What is Matt's net pay?
- A$426.75
- B$226.25
- C$175.00
- D$173.25
9WKRP Broadcasting paid state unemployment taxes of $95.00. What is the entry to journalize the payment of the unemployment taxes?
- ADebit Cash $95.00; credit State Unemployment Tax Payable $95.00
- BDebit Payroll Tax Expense $95.00; credit Cash $95.00
- CDebit State Unemployment Tax Payable $95.00; credit Cash $95.00
- DDebit State Unemployment Tax Payable $95.0; credit Payroll Tax Expense $95.00
10Brenda worked 8 hours on Monday, 7 hours on Tuesday, 9 hours on Wednesday, 10 hours on Thursday, 8 hours on Friday, and 4 hours on Saturday. Brenda’s rate of pay is $10 per hour. Calculate Brenda’s regular, overtime and total hours for the week.
- A39 Regular Hours, 7 Overtime Hours, and 46 Total Hours
- B40 Regular Hours, 6 Overtime Hours, and 46 Total Hours
- C43 Regular Hours, 3 Overtime Hours, and 46 Total Hours
- D46 Regular Hours, No Overtime Hours, and 46 Total Hours
11In Figure 1, what are David’s gross earnings for the pay period?
- A$420.00
- B$500.00
- C$470.00
- D$370.00
12In Figure 2, what is the Medicare withholding for Megan?
- A$652.50
- B$65.25
- C$6.53
- D$0.65
13In Figure 3, what is the employer’s federal unemployment tax for the pay period?
- A$2.00
- B$20.00
- C$200.00
- D$300.00
14Danny's Diner paid the following taxes: Social Security $400.00, Medicare $150.00, Federal Income Tax $500.00. What is the entry to journalize the payment of the payroll taxes?
- ADebit Cash $1,050.00; Credit Social Security Tax Payable $400.00, Medicare Tax Payable $150.00, Federal Income Tax Payable $500.00
- BDebit Payroll Tax Expense $1,050.00, Credit Cash $1,050.00
- CDebit Social Security Tax Payable $400.00, Medicare Tax Payable $150.00, Federal Income Tax Payable $500.00; Credit Cash $1,050.00
- DDebit Social Security Tax Payable $400.00, Medicare Tax Payable $150.00, Federal Income Tax Payable $500.00; Credit Payroll Tax Expense $1,050.00
15Sarah's Stationery Store paid federal unemployment taxes of $75.00. What is the entry to journalize the payment of the unemployment taxes?
- ADebit Cash $75.00; Credit Federal Unemployment Tax Payable $75.00
- BDebit Federal Unemployment Tax Payable $75.00, Credit Cash $75.00
- CDebit Federal Unemployment Tax Payable $75.00, Credit Payroll Tax Expense $75.00
- DDebit Payroll Tax Expense $75.00, Credit Cash $75.00
Informações
- Descrição
- This is the payroll unit practice exam.
- Autor
- Kathleen Keller
- Idioma
- English
- Visualizações
- 867
- Etiquetas
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