Maddy Peters’s regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a March pay period, Maddy works

Maddy Peters’s regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a March pay period, Maddy works 47 hours. Maddy’s federal income tax withholding is $80, and she has no voluntary deductions. Prepare the journal entry to record Maddy’s pay for the period. Use March 15 for the end of the pay period.

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