PF$2$ JE Exam

Given the following information from the payroll register, calculate the net pay and prepare a journal entry for the month of February for Benson Plastics.

$\backslash$table$[[$Salaries and wages,$$341,631,32$

step $1-$ will the entry for salaries and wages be a credit or debit?

step $2-$ what amount should be entered for salaries and wages?

step $3-$ wll the entry for conus payments be a debit or credit?

step $4-$ what amount should be entered for bonus payments?

step $5-$ will the entry for the canada pension plan contributions withheld from employees ve a debit or credit

$6-$ what amount should be entered for canada pension plan contributuons withheld from employees?

$7-$ will the entry for employment insurance premiums withheld from employees be a debit or credit?

$8-$ what amount shoukd be entered for emoloyment insuance withheld from employees?

$9-$ will the entry for income tax withheld from employees be a debit or credit?

$10-$ what amount should be entered for income tax withheld from employees

$11-$will the entry for registered retirement savings plan contributions withheld from employees be a debit or credit?

$12-$ what amount should be entered for registered retirement savings plan contributions withheld from employees?

$13-$ will the entry for union dues withheld from employees be a debit or credit?

$14-$ what amount should be entered for union dues withheld fromemployees?

$15-$ will the entry for charitable donations withheld from emoloyees be a debit or credit?

$16-$ what amount should be entered for charifavle donations withheld from wmployees $?$

$17-$

will the entry for net salaries and wages owing to employees be a debit or credit?

$18-$ what amount should be entered for net salaries and wages owing to employees?

$19-$enter total debits

$20-$ enter total credits