On January 13, at the end of the second weekly pay period of the year, a companys
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On January 13, at the end of the second weekly pay period of the year, a company’s payroll register showed that its 30 employees had earned $19,570 of sales salaries and $6,230 of office salaries. Assume withholdings from the employees’ salaries were to include $428.28 of EI, $1,177.14 of CPP, $5,310 of income taxes, $930 of hospital insurance, and $420 of union dues.
Required
1. Prepare the general journal entry to record the January 13 payroll.
2. Prepare a general journal entry to record the employer’s payroll expenses resulting from the January 13 payroll.
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Related Book For
Fundamental Accounting Principles Volume I
ISBN: 978-1260305821
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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