Question: In Chapter 2, on page 99, we learned that Lee Management Consulting hired a part-time office manager to be paid $2,000 salary per month. She

In Chapter 2, on page 99, we learned that Lee Management Consulting hired a part-time office manager to be paid $2,000 salary per month. She started work on Monday, June 25. The following additional payroll information is available for the June 29 pay date:
Federal income tax to be withheld...................................... $138.55
Provincial income tax to be withheld..................................... 99.70
CPP............................................................................ 84.56
EI ..............................................................................37.60
Required
1. Compute the office manager's gross pay and net pay for the month.
2. Make one general journal entry to record Lee Management Consulting's salary expense for the office manager, including her payroll deductions and the employer payroll costs. Round all amounts to the nearest cent.

Step by Step Solution

3.48 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Req 1 gross pay and net pay Total gross pay for the mont... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1211-B-C-A-B(3520).docx

120 KBs Word File

Students Have Also Explored These Related Cost Accounting Questions!