Marta Company has has calculated the gross pay of one of its employees to be $2,300 semi-monthly.

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Marta Company has has calculated the gross pay of one of its employees to be $2,300 semi-monthly. The company must pay 4% of the gross pay as vacation pay and 2% for Workers' Compensation. The pay date is August 17, 2019.

Required
Round your answers to 2 decimal places.

a) Calculate and prepare the journal entry for accrued vacation pay.

b) Calculate and prepare the journal entry for Workers' Compensation

Posted Date: Dec 04, 2021 11:07 PM

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Marta Company has has calculated the gross pay of one of its employees to be $2,300 semi-monthly.

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