Zolnick Enterprises has two hourly employees: Kelly and Jon. Both employees earn overtime at the rate of 1.7 times the hourly rate for hours worked in excess of 44 per week. Assume the Social Security tax rate is 6 percent on the first $110,000 of wages, and the Medicare tax rate is 1.5 percent on all earnings. Federal income tax withheld for Kelly and Jon was $255 and $228, respectively. The following information is for the first week in January Year 1: Employee Hours worked Wage rate per Hour
Kelly 54 $20
Jon 49 $25
Required:
A. Calculate the gross pay for each employee for the week.
B. Calculate the net pay for each employee for the week.
C. Prepare the general journal entry to record payment of the wages

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?