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There is no drop down menu, just use accounts listed above, will upvote, need asap The Ballerini Ballet Company sells ballet and other dance shoes
There is no drop down menu, just use accounts listed above, will upvote, need asap
The Ballerini Ballet Company sells ballet and other dance shoes to people of all ages. It pays its lone employee a fixed salary of $5,876.00 per week. The following information reflects the employee's pay stub for the December 7, 2018 pay date: Gross wages $5,876.00 Income tax deductions $1,292.72 CPP deductions 293.80 El deductions _117.52 Total deductions 1,704.04 Net pay $_4,171.96 Ballerini Ballet is required to remit an El contribution of 1.2 times the amount deducted from the employee and a CPP contribution that matches the employee's deduction. All remittances are made on the 15th of the month following the date of pay. Required: Record all appropriate journal entries pertaining to Ballerini Ballet Company's December 7, 2018 pay. Round all the numbers to the 2nd decimal place. Account Debit Credit To Docord Docombor 7 DayStep by Step Solution
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