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1 of 7 (0 complete) HWS i Journal Entries - X Date Debit Credit Apr. 30 7,500.00 750.00 Accounts and Explanation Salaries Expense Employee Income

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1 of 7 (0 complete) HWS i Journal Entries - X Date Debit Credit Apr. 30 7,500.00 750.00 Accounts and Explanation Salaries Expense Employee Income Tax Payable Canada Pension Plan Payable Employment Insurance Payable Salaries Payable To record salaries and employee withholdings payable. 382.50 fe 121.50 6,246.00 Date Accounts and Explanation Debit Credit Apr. 30 Canada Pension Plan Expense Employment Insurance Expense 382.50 170.10 Print Done ent, Ch 7 & 8 1 of 7 (0 complete) HW Score: CO) 0 Journal Entries Questio Tve SS pay x At April ension PL honth of on to Duld Employment Insurance Payable Salaries Payable To record salaries and employee withholdings payable 121.50 6,246.00 mectid Date pent.) Debit Credit Apr. 30 Accounts and Explanation Canada Pension Plan Expense Employment Insurance Expense Canada Pension Plan Payable Employment Insurance Payable 382.50 170.10 382.50 170.10 To record employer portion of CPP and El withholdings payable ord Print Done ck Answer v Glacier Records has five employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half month. At April 30, each employee is owed gross pay of $1,500, but each one must have 10% of their pay withheld for income taxes. Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of theit gross pay. The following entries were recorded for the month of April Click on the icon to view the journal entries.) Show what Glacier would report on its balance sheet at April 30 and on its income statement for the month ended on that date. Prepare the liability section of Glacier Records" balance sheet at April 30. (t.eave any unused cells blank. Enter amounts to the nearest cent.) Glacier Records Balance Sheet (partial) Abit April 30 Liabilities: Current Liabilities Choose from any list or enter any number in the input fields and then click Check Answer 2 S7-2 (similar to) Question Help Glacier Records has five employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half month At April 30, each employee is owed gross pay of S1,500, but each one must have 10% of their pay withheld for income taxes. Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of their gross pay. The following entries were recorded for the month of April (Click on the icon to view the journal entries.) Show what Glacier would report on its balance sheet at Apnl 30 and on its income statement for the month ended on that date Prepare the hability section of Glacier Records" balance sheet at April 30 (Leave any unused cells blank. Enter amounts to the nearest cont.) Glacier Records Balance Sheet (partial) As at April 30 Liabilities: Current Liabilities > Choose from any list or enter any number in the input fields and then click Check Answer 1 of 7 (0 complete) HWS i Journal Entries - X Date Debit Credit Apr. 30 7,500.00 750.00 Accounts and Explanation Salaries Expense Employee Income Tax Payable Canada Pension Plan Payable Employment Insurance Payable Salaries Payable To record salaries and employee withholdings payable. 382.50 fe 121.50 6,246.00 Date Accounts and Explanation Debit Credit Apr. 30 Canada Pension Plan Expense Employment Insurance Expense 382.50 170.10 Print Done ent, Ch 7 & 8 1 of 7 (0 complete) HW Score: CO) 0 Journal Entries Questio Tve SS pay x At April ension PL honth of on to Duld Employment Insurance Payable Salaries Payable To record salaries and employee withholdings payable 121.50 6,246.00 mectid Date pent.) Debit Credit Apr. 30 Accounts and Explanation Canada Pension Plan Expense Employment Insurance Expense Canada Pension Plan Payable Employment Insurance Payable 382.50 170.10 382.50 170.10 To record employer portion of CPP and El withholdings payable ord Print Done ck Answer v Glacier Records has five employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half month. At April 30, each employee is owed gross pay of $1,500, but each one must have 10% of their pay withheld for income taxes. Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of theit gross pay. The following entries were recorded for the month of April Click on the icon to view the journal entries.) Show what Glacier would report on its balance sheet at April 30 and on its income statement for the month ended on that date. Prepare the liability section of Glacier Records" balance sheet at April 30. (t.eave any unused cells blank. Enter amounts to the nearest cent.) Glacier Records Balance Sheet (partial) Abit April 30 Liabilities: Current Liabilities Choose from any list or enter any number in the input fields and then click Check Answer 2 S7-2 (similar to) Question Help Glacier Records has five employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half month At April 30, each employee is owed gross pay of S1,500, but each one must have 10% of their pay withheld for income taxes. Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of their gross pay. The following entries were recorded for the month of April (Click on the icon to view the journal entries.) Show what Glacier would report on its balance sheet at Apnl 30 and on its income statement for the month ended on that date Prepare the hability section of Glacier Records" balance sheet at April 30 (Leave any unused cells blank. Enter amounts to the nearest cont.) Glacier Records Balance Sheet (partial) As at April 30 Liabilities: Current Liabilities > Choose from any list or enter any number in the input fields and then click Check

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