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For the Payroll Period Ended on October 19, 2016, Gross

question 20

Essay

For the payroll period ended on October 19, 2016, gross pay was $22,300, net pay was $17,000, FICA tax withholdings were $1,500, income tax withholdings were $3,000, and medical insurance contributions were $800.Required:
Use the horizontal model (or write the journal entry) to show the effects of the payroll accrual on October 19, 2016.


Definitions:

Strep Throat

An infection caused by Streptococcus bacteria that results in a sore, scratchy throat.

Streptococci

A genus of round-shaped bacteria, some strains of which can cause diseases in humans such as strep throat, rheumatic fever, and other infections.

Rheumatic Fever

An inflammatory disease that can develop as a complication of untreated or improperly treated strep throat or scarlet fever.

Grape-Like Clusters

A descriptive term often used in microbiology to describe the appearance of certain bacteria, such as Staphylococcus, when viewed under a microscope.

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