Ahmed is employed on 6 July 2020 by B&B Ltd on a one year contract on a annual salary package of $104,000. This consists of cash $93,600 and car perks of $10,400. A deduction of $700 for income tax is made on a weekly basis. B&B Ltd also deducts $128 per week for health insurance premium payable to Allianz Insurance.

TASK:

Please prepare general journal entries (narations are required) to record:

1. Ahmeds weekly salary on 10 July 2020 [10 Marks]
2. the weekly remittance to third parties on 13 July 2020 [6 Marks]
3. the balance-day adjustment if on the year end reporting date four days wages were owing [4 Marks]

(Total 20 Marks)

Please provide your answer to Question 1 in the space below (please use as much space as needed to answer the question):

Answer 1 a): [10 Marks] General Journal

Date	Account name	Debit $	Credit $

Answer 1 b): [6 Marks] General Journal

Date	Account name	Debit $	Credit $

Answer 1 c): [4 Marks] General Journal

Date	Account name	Debit $	Credit $