Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company showed the following information in its payroll register for the week ended March 1 6 , 2 0 2 1 : Deductions Pay

A company showed the following information in its payroll register for the week ended March 16,2021:
Deductions Pay Distribution
EI Premium Income Taxes Medical Insurance CPP Union Dues Total Deductions Net Pay Sales Salaries Expense Office Salaries Expense Shop Salaries Expense
18.97303.8547.5061.7390.00522.05677.951,200.00
22.12369.6552.5072.63105.00621.90778.101,400.00
26.86468.6525.0088.98127.50736.99963.011,700.00
16.59255.0535.0053.5678.75438.95611.051,050.00
84.541,397.20160.00276.90401.252,319.893,030.111,200.001,050.003,100.00
Required:
1. Prepare a General Journal entry to record the payroll register information. (Round your answers to 2 decimal places.)

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

Step: 3

blur-text-image

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

Accounting For Biological Assets

Authors: Rute Goncalves, Patricia Teixeira Lopes

1st Edition

1032096225, 9781032096223

More Books

Students also viewed these Accounting questions