Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Required information Here is a sample Payroll Register for a weekly payroll of an Ontario company: Week of Jan 31 Hours Earnings

Required information

Here is a sample Payroll Register for a weekly payroll of an Ontario company:

 

Week of Jan 31HoursEarnings    
EmployeeRateRegOTRegOTVac PayGrossCPPEIFed TaxProv TaxNet
H.Boss$40.0037.50$1,500.00$ -$90.00$1,590.00$75.37$29.89$286.20$190.80$1,007.74
J.Doer$15.00200$300.00$ -$18.00$318.00$12.41$5.98$31.80$159.00$108.81
L.Fickle$12.5037.58.5$468.75$159.38$37.69$665.81$29.63$12.52$119.85$79.90$423.91
N.Host$18.0037.54$675.00$108.00$46.98$829.98$37.75$15.60$149.40$99.60$527.63
P.Jules$19.2537.50$721.88$ -$43.31$765.19$34.55$14.39$137.73$91.82$486.70
R.Landing$25.0050$125.00$ -$7.50$132.50$3.23$2.49$ -$ -$126.78
Total17512.5$3,790.63$267.38$243.48$4301.48$192.94$80.87$724.98$621.12$2681.57



Use the information in this table to answer the following questions.

Use the payroll register provided to create the payroll journal entry for Jan. 31. Exclude the employer portions for this entry. Ignore the requirement for account numbers for this question.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Heres the payroll journal entry for Jan 31 based on the provided payroll register Debit Cash 379063 ... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Part 2

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

6th Canadian edition Volume 1

1118306791, 978-1118306796

More Books

Students also viewed these Accounting questions

Question

Find the equation to the line tangent to y = tane at 0 =

Answered: 1 week ago

Question

How do you retrieve data from an Entry widget?

Answered: 1 week ago

Question

2. Avoid controlling language, should, must, have to.

Answered: 1 week ago

Question

6. When should you use numbered lists? Bulleted lists?

Answered: 1 week ago

Question

5. What is parallel construction? Why is it important?

Answered: 1 week ago

Question

3. How can you improve the readability of your messages?

Answered: 1 week ago