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Hello i need help with this transaction please. Please give me step by step explanation and please write clean. Thank you. Due to the excellent
Hello i need help with this transaction please. Please give me step by step explanation and please write clean. Thank you.
- Due to the excellent performance of the company this year, Ian has decided to give each employee (including himself) a bonus of $1,500.00. (You will also get a bonus even though you haven't been with the company for very long.) He has instructed you to issue a special payroll tomorrow. (A bonus amount is treated the same a gross pay amount.)
I dont know if there are deductions or not also i dont know if we need to record it in general journal or not.
i am attaching general journal if you need it. if we need to use general journal then please include to record For example: To record supplies on account. I am also attaching employee earnings records. I dont know if we need to total everything up again or not. Thank you.
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