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Lily Kitchen is a small restaurant in Waterloo, Ontario that pays its employees monthly at the end of the month. For the month of June,
Lily Kitchen is a small restaurant in Waterloo, Ontario that pays its employees monthly at the end of the month. For the month of June,
Lily Kitchen had gross payroll of $ The company deducted $ for CPP $ for and $ for income taxes.
Your answer is partially correct.
Prepare the journal entry to record the payment of wages to the employees on June No previous payroll entries had been
made for the month. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is
required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
eTextbook and Media
List of Accounts
Your answer is correct.
Prepare the journal entry to record the employer payroll costs on June Remember that the employer is required to pay
of the El contributions deducted for employees, while the employer CPP matching payment is at Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles
and enter for the amounts. List all debit entries before credit entries.
Date Account Titles
Debit
Credit
June
Employee Benefits Expense
El Payable
CPP Payable
eTextbook and Media
List of Accounts
Your answer is partially correct.
Prepare the journal entry to record the remit the payroll deductions to the government on July Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles
and enter for the amounts. List all debit entries before credit entrieLily Kitchen is a small restaurant in Waterloo, Ontario that pays its employees monthly at the end of the month. For the month of June,
Lily Kitchen had gross payroll of $ The company deducted $ for CPP $ for and $ for income taxes.
Prepare the journal entry to record the payment of wages to the employees on June No previous payroll entries had been
made for the month. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is
required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries.
Date
Account Titles
Debit
Credit
June
eTextbook and Media
List of Accounts
Prepare the journal entry to record the employer payroll costs on June Remember that the employer is required to pay
of the El contributions deducted for employees, while the employer CPP matching payment is at Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles
and enter for the amounts. List all debit entries before credit entries.
Date Account Titles
Debit
Credit
June
eTextbook and Media
List of Accounts
Prepare the journal entry to record the remit the payroll deductions to the government on July Credit account titles are
automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles
and enter for the amounts. List all debit entries before credit entries.
Date Account Titles
Debit
Credit
July
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