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Introduction To Financial Accounting
The following are extracts from the payroll of J. Sutcliffe

The following are extracts from the payroll of J. Sutcliffe Ltd for the week ending 24 January

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The following are extracts from the payroll of J. Sutcliffe Ltd for the week ending 24 January 20X0.

There were no other deductions from the employees’ pay.
You are required to prepare journal entries to record the relevant items shown in the weekly payroll (including any cash payments).

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Gross wages National Insurance contributions - Employees Employers PAYE tax £ 6,800 680 1,020 950

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The journal entries are as follows i Cash payment of 6000 to employees bank accounts on 10 January ...View the full answer

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Introduction To Financial Accounting

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Question Posted: Jul 21, 2022 02:01 AM

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