Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0.6.2 The following is the Salaries Journal of Minisa Wholesalers for the month of June 2019: Deductions Employer's Contribution Gross LIF PAYE Pension Fund Total

image text in transcribed
image text in transcribed
0.6.2 The following is the Salaries Journal of Minisa Wholesalers for the month of June 2019: Deductions Employer's Contribution Gross LIF PAYE Pension Fund Total Net Salary Medical Aid Pension Fund UIF Salary (Age-Old) Deductions [Pro health) [Age-Old) 109 298 696.90 16 709.50 5 464 04 22 870.44 86 427.56 10 740.94 5 464 04 696.9 All payments were made on 30 June 2019. Required: Prepared the following general ledger accounts for June 2019. Balance/close off all accounts. EMP201 Control (87) Creditors for salaries (BB) Age-Old Pension Fund (89)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Accounting 2020

Authors: Bernard J. Bieg, Judith A. Toland

30th edition

357117174, 978-0357117170

More Books

Students also viewed these Accounting questions

Question

Define critical thinking and list its seven standards.

Answered: 1 week ago

Question

what are the types and importance of work breakdown structure

Answered: 1 week ago

Question

3. What values would you say are your core values?

Answered: 1 week ago