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Please fill out the two attached forms. Record the company's benefits expense for June. Record how much each cheque was for. Record the journal entries
Please fill out the two attached forms.
Record the company's benefits expense for June.
Record how much each cheque was for.
Record the journal entries for each cheque.
Thank you!
II. Chapter 11 Payroll data for The Candy Co. For the month of June is shown below: Candy Co doubles the employee's charitable contributions to Save the Children Canada and matches the employee's medical contributions. Required: 1. Record the company's benefits expense for the month of June. 2.In July, the Candy Co. Issued the following four remittance cheques: a. July 10, to the Employee's Union, cheque no. 495 b. July 15 , to the Provincial Health Care Insurance Company, cheque no. 502 c. July 15 , to the CRA, cheque no. 503 d. July 25 , to Save the Children Canada, cheque no. 531 How much was each cheque for? 3. What journal entries would be made to record the four cheques in part 2 above? GENERAL JOURNAL Page 9 GENERAL JOURNAL Cheque No. Total Cheque No. Total Cheque No. Total Cheque No. Total II. Chapter 11 Payroll data for The Candy Co. For the month of June is shown below: Candy Co doubles the employee's charitable contributions to Save the Children Canada and matches the employee's medical contributions. Required: 1. Record the company's benefits expense for the month of June. 2.In July, the Candy Co. Issued the following four remittance cheques: a. July 10, to the Employee's Union, cheque no. 495 b. July 15 , to the Provincial Health Care Insurance Company, cheque no. 502 c. July 15 , to the CRA, cheque no. 503 d. July 25 , to Save the Children Canada, cheque no. 531 How much was each cheque for? 3. What journal entries would be made to record the four cheques in part 2 above? GENERAL JOURNAL Page 9 GENERAL JOURNAL Cheque No. Total Cheque No. Total Cheque No. Total Cheque No. TotalStep by Step Solution
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