Transaction No. 10
Because of her excessive tardiness and absenteeism during the year, the company discharged Ruth V. Williams on November 13. Ruth has requested Form W-2 be given to her. Form W-2 will include her final pay. For the week ending November 7, she was late a total of six hours; and for this week, she missed two full days and was late two hours on another day. In lieu of two weeks' notice, Williams was given two full weeks' pay ($1,223.08). Along with her dismissal pay ($1,223.08), she was paid for the week ending November 7 (34 hours, or $519.86) and the days worked this current week (22 hours, or $336.38). The total pay for the two partial weeks is $856.24.

Record a separate payroll register (on one line) to show Williams's total earnings, deductions, and net pay. The two weeks' dismissal pay is subject to all payroll taxes. Include dismissal pay with the total earnings but do not show the hours in the Time Record columns. Use the tax table for the biweekly payroll period for the total gross pay ($2,079.32) of Williams.
The deduction for group insurance premiums is $14.40. In the Time Record column, make a note of Williams's discharge as of this date. Indicate the payroll check number used to prepare the final check for Williams. When posting to the earnings record, make a notation of Williams's discharge on this date.
Prepare the journal entries to transfer the net cash and to record Williams's final pay and the employer's payroll taxes. Post to the ledger accounts.
Use the blank Form W-2. Box "a" should be left blank, since Glo-Brite Paint Company does not use a control number to identify individual Forms W-2.
If an amount box does not require an entry, leave it blank. Round your answers to two decimal place. Note: You must enter in the hyphens in the social security numbers, employer identification number, etc.

Hint: Use the employee's earnings record to complete Form W-2. Box 1 - remember contributions to retirement plans reduce taxable earnings subject to FIT. Box 14 is used to provide additional information to the employee. (see Figure 4.9 instructions)

Figure 4.8 and Figure 4.9

22222 Void ☐ a Employee's social security number

000-00-6741
For Official Use Only

OMB No. 1545-0008
b Employer identification number (EIN)

1 Wages, tips, other compensation

$
2 Federal income tax withheld

$
2,059
c Employer's name, address, and ZIP code

Glo-Brite Paint Company
2215 Salvador Street
Philadelphia, PA 19175-0682

3 Social security wages

$
4 Social security tax withheld

$
5 Medicare wages and tips

$
6 Medicare tax withheld

$
7 Social security tips

$
8 Allocated tips

$
d Control number 9 10 Dependent care benefits

$
e Employee's first name and initial

Ruth V. Last name

Williams Suff. 11 Nonqualified plans

12a See instructions for box 12

9433 STATE STREET
PHILADELPHIA, PA 19149-0819

f Employee's address and ZIP code
13

Code
12b
14 Other

Code
12c
Code
12d
Code

15 State

Employer's state ID number

16 State wages, tips, etc.

$
17 State income tax

$
18 Local wages, tips, etc.

$
19 Local income tax

$
20 Locality name

Form W-2 Wage and Tax Statement 20-- Department of the Treasury—Internal Revenue Service
For Privacy Act and Paperwork Reduction
Act Notice, see the separate instructions.
Cat. No. 10134D
Copy A For Social Security Administration — Send this entire page with
Form W-3 to the Social Security Administration; photocopies are not acceptable.