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I do have other question answer. Making payroll entries Making payroll entries 1. Total Salary Expense $1,317.31 Starter 11-16 After solving Starters Corp. the remittance
I do have other question answer.
Making payroll entries Making payroll entries 1. Total Salary Expense $1,317.31 Starter 11-16 After solving Starters Corp. the remittance of this payroll to the CRA on March 15. after 11-13, 11-14, and 11.15 w alive for lones Golf Starter 11-17 Refer to the payroll information in Starters 11-13, 11-14, and 11-15. 1. How much was the company's total salary expense for the week for Mike Klyn? 2. How much cash did Mike Klyn take home for his work? 3. How much did the employer pay this week for a. Income tax? b. CPP and EI? 4. How much expense did the employer have this week for a. CPP and EI? b. Benefits? Starter 11-18 GC Company has employees who are paid on a monthly basis. Payroll information for August of the current year is given below. Employee salaries $155,000 Union dues 375 Charitable contributions 7,320 Employee CPP contributions 2.836 Employee El contributions 31,250 Payroll journal entries (5) Employee benefits expense $11,290.40 1.450 Employee income tax withheld Prepare the journal entries to record the August 30 payroll payment and the payroll benefits expense for GC Company for August. Also prepare the entries to record the payment of payroll withholdings to the govern ment and other agencies on September 15. Explanations are not required. Starter 11-19 Identify the proper classification of each item below. In the space beside each item, write C for a current liability, L for long-term liability, or Nif it is not a liability: a. Bank loan payments due in the next 12 months willyar Nift Reporting abilities on the bal ance sheet b. Income taxes payable c. Estimated property taxes d. Warranty liability e. Unearned revenue f. Note payable in 120 days g. Mortgage payable payments do not start for 13 months h, Bank overdraft Making payroll entries Making payroll entries 1. TotalSalary Expense 5131731 Starter 11-16 After solving Starters 11-13, 11-14, and 11-15, journalize for Jones Golf Corp. the remittance of this payroll to the CRA on March 15. Starter 11-17 Refer to the payroll information in Starters 11-13, 11-14, and 11-15. 1. How much was the company's total salary expense for the week for Mike Klyn? 2. How much cash did Mike Klyn take home for his work? 3. How much did the employee pay this week for a. Income tax? b. CPP and EI? 4. How much expense did the employer have this week for a. CPP and EI? b. Benefits? Payroll journal entries Starter 11-18 GC Company has Employee benefits expense $11,290.40 GC Company has employees who are paid on a monthly basis. Payroll information for August of the current year is given below. Employee salaries $155,000 1,050 375 Step by Step Solution
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