Question
Fred Jones Paycheque this year, please choose the correct Payroll Payment journal entry only , for this paycheque to the nearest dollar. Salary per pay
Fred Jones Paycheque this year, please choose the correct Payroll Payment journal entry only, for this paycheque to the nearest dollar.
Salary per pay | $1,000 |
Deductions: | |
CPP | (48) |
EI | (16) |
Income Tax | (100) |
Union Dues | (136) |
Net Paycheque | 700 |
DR CRA Payable, $337 DR Union Dues Payable, $136 CR Cash $473 | ||
DR CRA Payable, $164 DR Union Dues Payable, $136 CR Cash $300 | ||
DR Cash, $164 DR Union Dues Payable, $136 CR CRA Payable, $300 | ||
DR CRA Payable, $237 DR Union Dues Payable, $136 CR Cash $373 |
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
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