During the month of June, Transfield Pty Ltds employees earned wages of $105 000. Payroll deductions related
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During the month of June, Transfield Pty Ltd’s employees earned wages of $105 000. Payroll deductions related to these wages were $6750 for General Health Fund, $11 250 for PAYG withheld tax, $9450 for superannuation, and $2000 for union fees.
Required
Prepare the necessary 30 June journal entry to record payroll. Assume that wages earned during June will be paid during July.
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The 30 June journal entry to record payroll is as follows i Salary Expense ii PAYG Withholding Tax E...View the full answer
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Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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