On January 13, at the end of the second weekly pay period of the year, a company's
Question:
On January 13, at the end of the second weekly pay period of the year, a company's payroll register showed that its 32 employees had earned $23,570 of sales salaries and $7,830 of office salaries. Assume withholdings from the employees' salaries were to include $521.24 of EI, $1,447.68 of CPP, $6,462 of income taxes, $1,090 of hospital insurance, and $580 of union dues. Required: 1. Prepare the General Journal entry to record the January 13 payroll. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
2. Prepare a General Journal entry to record the employer's payroll expenses resulting from the January 13 payroll. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann