Problem: Harper Morgan owns White Mountain Assessments in Laconia, New Hampshire. The standard workweek is 40 hours. Use the wage-bracket method in the federal tax table from Appendix C. No employee has exceeded the Social Security tax wage base. All employees submitted a 2022 Form W-4, and no box was checked in Step 2. Total, prove, and rule the entries.
Note: Round your intermediate calculations and final answers to 2 decimal places.
Required:
Using the employee payroll entry from Problem 7-3A, complete the General Journal entry for the issuance of the pay for the September 9 payroll end date. The date of the checks is September 14, 2022.
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.