Garrets Motocross Academy has 25 employees who are paid weekly. The payroll register showed the following payroll
Question:
Garret’s Motocross Academy has 25 employees who are paid weekly. The payroll register showed the following payroll deductions for the pay period ending July 4:
Required
Prepare the journal entries to record payroll for the employee.
Transcribed Image Text:
Gross Pay $36,440 Income Taxes $7,028 CPP $1,725.03 ΕΙ $685.10 United Way $300.00
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Date July 4 Wages Expense CPP Payable EI Payable Gene...View the full answer
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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A journal entry is an act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company\'s debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit
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