Answer to Question #114777 in Accounting for Everlyn

Question

DECEMBER 4 PAYROLL 2020
1.What is the total net pay for all employees?

2.What is the total CIT withheld for all employees?

3.What is the amount of the debit to Employees SIT Payable on December 3?

4.What is the amount of the credit to Employees FIT Payable?

5.What is the amount of the debit to Payroll Taxes?

6.What is the balance of Employees CIT Payable?

7.What is the Cash account balance?

8.What is the amount of FIT withheld for Virginia A. Russell?

9.What is the amount of net pay received by Virginia A. Russell's estate?

10.How many withholding allowances did Virginia A. Russell claim?

11.What is the amount of the debit to Union Dues Payable on December 9?

12.What is the amount of the debit to Payroll Cash?

13.What is the amount of the credit to Employees SUTA Payable?

14.What is the amount that was credited to Group Insurance Premiums Collected (account number 27) during this period?

Answer 1

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