Question
The payroll for Atkinson Company at the end of March 31, 2013 consists of salaries of $50,000. The company portions of CPP and EI contributions
The payroll for Atkinson Company at the end of March 31, 2013 consists of salaries of $50,000. The company portions of CPP and EI contributions are $2,475 and $1,059 respectively. A total of $15,000 in income taxes is withheld. The company also pays a monthly cost of $500 for a dental plan for its employees. How much would Atkinson Company record at the end of March regarding its payroll related expenses?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
