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Hilton Ventures Ltd had the following transactions Oct 31 Recorded wages earned by the employees during the month, which amounted to 563.000. The source deductions
Hilton Ventures Ltd had the following transactions Oct 31 Recorded wages earned by the employees during the month, which amounted to 563.000. The source deductions on these wages were CPP of $3,120, El of $ 1.030, and income as of $ 9,450 Nox2 Paid the wages recorded on October 31. Nov. 15 Made the remittance to the government related to the October 31 payroll Determine the amount of the employees net verges Net was eTextbook and Media List of Accounts Prepare the journal entries necessary to record these transactions (Enter debit entries first followed by credit entries Credit account titles are automatically indented when the amount is entered Do noindent manually no entry is required, select "Noentry for the account ditles and enter for the amounts: Date Account and explanation Debit Credit Oct 31 (To record wages payable to employees.) IN (50 record employer's abilities) Nov. 2 Nov. 15
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