Question: 1: 2 3 Question 5 (6 points) 5 The payroll records of a company provided the following information for the bi-weekly pay period ended June
1: 2 3 Question 5 (6 points) 5 The payroll records of a company provided the following information for the bi-weekly pay period ended June 18, 2021. This company accrues vacation at 6% of each employee's gross earnings Office salaries Income 8 $16,500 $3,200.00 $260.70 El CPP Premium Contribution $830.00 Employee RRSPs $350.00 Required: Prepare the following journal entries to record: 1. The bi-weekly payroll expenses. 2. The employer's share of payroll deductions. 3. The employer's vacation accrual. Format B V I UA + v
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
