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 45 employees had earned $23,400 of sales salaries and $5,820 of office salaries. Assume withholdings from the employees’ salaries were to include $485.05 of EI, $1,296.46 of CPP, $6,180 of income taxes, $920 of hospital insurance, and $490 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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