Question
Tyler Rogers works for Ramirez Company all year and earns a monthly salary of $4,500. There is no overtime pay. Based on Rogers's W-4, Ramirez
Tyler Rogers works for
Ramirez Company all year and earns a monthly salary of $4,500.
There is no overtime pay. Based on Rogers's W-4, Ramirez Company withholds income taxes at 20% of his gross pay. As of July 31, Rogers had $31,500 of cumulative earnings.
Journalize the accrual of salary expense for Ramirez Company related to the employment of Tyler Rogers for the month of August. (Record debits first, then credits. Round all amounts to the nearest cent. Select the explanation on the last line of the journal entry table.)
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Part 1
Date | Accounts and Explanation | Debit | Credit |
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