Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pauley, Inc., pays its employees' weekly wages in cash. A supplementary payroll sheet that lists the employees' names and their earnings for a certain week

Pauley, Inc., pays its employees' weekly wages in cash. A supplementary payroll sheet that lists the employees' names and their earnings for a certain week is shown below. Complete the payroll sheet by calculating the total amount of payroll and indicating the least possible number of denominations that can be used in paying each employee. However, no employees are to be given bills in denominations greater than $20. If an amount is zero, enter "0".

PAULEY, INC.
Supplementary Payroll Sheet
Bills Coins
Name of Employee Net Amount Paid $20 $10 $5 $1 50 25 10 5 1
Chad T. Biskis $250.28
Nicole A. Cibik 256.40
Domingo M. Diaz 385.86
Laura B. Elias 202.48
Ari M. Fleischer 253.79
Diane Y. Germano 296.99
Arnold B. Herst 593.62
Edward C. Kenner 400.67
Kathleen J. Marfia 235.44
Kimberly A. Picket 596.03
Total $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The People Policies Audit

Authors: Maurice A. Phelps

1st Edition

1907766049, 978-1907766046

More Books

Students also viewed these Accounting questions

Question

what is cloud computing service changing

Answered: 1 week ago

Question

Why We Form Relationships Managing Relationship Dynamics?

Answered: 1 week ago