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Indigo Restaurant's gross payroll for April is $47,300. The company deducted $2,578 for CPP, $747 for EI, and $9,241 for income taxes from the employees'
Indigo Restaurant's gross payroll for April is $47,300. The company deducted $2,578 for CPP, $747 for EI, and $9,241 for income taxes from the employees' cheques. Employees are paid monthly at the end of each month. Prepare a journal entry for Indigo on April 30 to record the payment of the April payroll to employees
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
