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Gigi Inc. has the following amounts in its payroll records for a bi-weekly period: Gross pay $9,800 Income Tax (federal and provincial) deducted -
Gigi Inc. has the following amounts in its payroll records for a bi-weekly period: Gross pay $9,800 Income Tax (federal and provincial) deducted - $2,400 CPP deducted $600 El deducted $260 Record the following: 1. The payment to the employees on November 16. 2. The employer's portion of the payroll taxes, assuming it will be remitted next month
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1 Payment to Employees on November 16 Journal Entry Debit Wages Expense 9800 Credit Cash or B...
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
