Use the information in QS AI-2 to record the payment of the wages to the employees for

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Use the information in QS AI-2 to record the payment of the wages to the employees for March.

Information QS AI-2

Trax Ltd. has six employees, each of whom earns $3,000 per month. Income taxes are 20% of gross pay and the company deducts EI and CPP. Prepare the March 31 journal entry to record payroll for the month.

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Fundamental Accounting Principles Volume 1

ISBN: 9781259259807

15th Canadian Edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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Question Posted: Jul 19, 2018 07:08 AM

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Use the information in QS AI-2 to record the payment of the wages to the employees for

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Fundamental Accounting Principles Volume 1

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