Each Part of the project will be submitted separately for grading, you will submit the entire template, and the instructor will grade each part separately and award points based on completion and correctness. Be sure to look at the feedback provided by the instructor for corrections that may affect your ending balances.\tThe Final Project is worth 210 points; the final project will be broken down into six (6) parts as follows:\tThe October 9 payroll has been completed for you in the template. You will see the Payroll Register, and Journal in the template, this is color coded light green.\tPart 1 (40 points) October 20th\u00a0“\ufffd November 4th\u00a0on pages 7-11 and 7-12 in the template this is color coded yellow. Use Journal page 42.\tPart 2 (40 points) November 6th\u00a0– 18th\u00a0on pages 7-12, 7-13 and 7-14 in the template this is color coded blue. Use Journal page 43.\tPart 3 (25 points) November 20th\u00a0and 30th\u00a0on pages 7-14, 7-15 and 7-16 in the template this is color coded dark pink. Use Journal page 44.\tPart 4 (35 points) December 3rd- 4th\u00a0on pages 7-16 in the template this is color coded orange. Use Journal page 45. Part 5 (40 points) December 9th\u00a0“\ufffd 15th\u00a0on page 7-17, in the template this is color coded tan. Use Journal page 46.\tPart 6 (30 points) December 18th\u00a0“\ufffd February 1st\u00a0on pages 7-17 through 7-20, in the template this is color coded Blue. Use Journal page 47.\tStart by Downloading the template from Doc Sharing-you should be using the template called: Final Project Template 2012\tq\u00a0This template is color coded by Project Part, the Payroll register and the journal match by color\tq\u00a0You will complete the work on pages 7-1 through 7-19 (January 15th\u00a0transaction) and the February 1st\u00a0journal entries.\tRead everything carefully-begin on page 7-2.\t\u00a0\u00a0qPages 7-2 through 7-6 give the company information and the employee details\t\u00a0\u00a0qRead and trace the transactions for the October 9th\u00a0Payroll that has been done for you (pages 7-7 through 7-10)\u00a0\t\u00a0\u00a0qIf you have questions-ask sooner rather than later, and attach your template s that I can see where you are.\t\u00a0\u00a0qTake your time and start early.\t\u00a0\u00a0qFor each part of the payroll project you should complete the Journal, General Ledger, Payroll Register, and the Employee Earnings Record as applicable. When completing the Payrolls, complete the payroll register first, then transfer each employee’s amounts to the Employee Earnings Record, then complete the Journal entries applicable to the payroll, and then post to the general ledger.\t\u00a0\u00a0qYou have payrolls for the following dates:\tq\u00a0October 9 (this one has been done for you)\u00a0q\u00a0October 23\tq\u00a0November 6\tq\u00a0November 13\tq\u00a0November 20\tq\u00a0December 4\tq\u00a0December 14\tq\u00a0December 18\t\u00a0\u00a0In between the Payrolls are Journal entries that should be completed. The order to complete the workq\t1. Complete the Payroll first\t2. Transfer the individual employee payroll data to the employee earnings record 3. Complete the General Journal\t\u0097\u00a0Be sure that when it says a deposit was made that you record it in the journal 4. Post to the General Ledger\t\u0097\u00a0Each Part of the project will be submitted separately for grading, you will submit the entire template, and the instructor will grade each part separately and award points based on completion and correctness. Be sure to look at the feedback provided by the instructor for corrections that may affect your ending balances.\tUnit 8 consists of Parts 1-3, Unit 9 consists of Parts 4-6. There is a separate Dropbox for each part.\tSome check figures to assist you:\tOctober 9 (this one has been done for you)\tTotal Earnings: $14,162.77\t\u0097\u00a0Net Pay: $ 11,058.80 October 23\t\u0097\u00a0Total Earnings: $14,484.69\t\u0097\u00a0Net Pay: $ 11,131.63 November 6\t\u0097\u00a0Total Earnings: $ 14,130.48\t\u0097\u00a0Net Pay: $ 10,897.23 November 13\t\u0097\u00a0Total Earnings: $ 2,079.32\t\u0097\u00a0Net Pay: $ 1,412.13 November 20\t\u0097\u00a0Total Earnings: $ 12,640.23\t\u0097\u00a0Net Pay: $ 8,240.91 December 4\t\u0097\u00a0Total Earnings: $ 14,431.09\t\u0097\u00a0Net Pay: $ 9,722.77 December 14\t\u0097\u00a0Total Earnings: $ 1,425.16\t\u0097\u00a0Net Pay: $ 1,306.30 December 18\t\u0097\u00a0Total Earnings: $ 74,922.49\u00a0\u0097\u00a0Net Pay: $ 39,367.66\tThe template has built in formulas to calculate some of the amounts, you will have some rounding, so if you are off by a few pennies, do not spend a lot of time looking for it, your instructor has been notified to give credit for rounding error in net pay of .10 or less.\tFeel free to e-mail your instructor or post questions (not answers) in the virtual office about this recording.<\/p>\n","protected":false},"excerpt":{"rendered":"
Each Part of the project will be submitted separately for grading, you will submit the entire template, and the instructor will grade each part separately and award points based on completion and correctness. Be sure to look at the feedback Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-199220","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=199220"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199220\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=199220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=199220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=199220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}