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Problem 8 - 3 A ( Algo ) Record payroll ( LO 8 - 3 ) Great Lakes Tours' total payroll for the month of
Problem A Algo Record payroll LO Great Lakes Tours' total payroll for the month of January was $ The following withholdings, fringe benefits, and payroll taxes apply: Assume that none of the withholdings or payroll taxes has been paid by the end of January record them as payables and no employee's cumulative wages exceed the relevant wage bases. Required: Record the employee salary expense, withholdings, and salaries payable. Record the employerprovided fringe benefits. Record the employer payroll taxes. Record the necessary entry for the scenarios given above. If no entry Is requlred for a transactlonevent select No Journal Entry Required" In the first account fleld. Journal entry worksheet Record the employee salary expense, withholdings, and salaries payable. Note: Enter debits before credits.
Problem A Algo Record payroll LO
Great Lakes Tours' total payroll for the month of January was $ The following withholdings, fringe benefits, and payroll taxes
apply:
Assume that none of the withholdings or payroll taxes has been paid by the end of January record them as payables and no
employee's cumulative wages exceed the relevant wage bases.
Required:
Record the employee salary expense, withholdings, and salaries payable.
Record the employerprovided fringe benefits.
Record the employer payroll taxes.
Record the necessary entry for the scenarios given above. If no entry Is requlred for a transactlonevent select No Journal Entry
Required" In the first account fleld.
Journal entry worksheet
Record the employee salary expense, withholdings, and salaries payable.
Note: Enter debits before credits.
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