Report Journal Entries by using Sage 50 software 5. Issue a single payroll check dated Oct 15,

Report Journal Entries by using Sage 50 software

 

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5. Issue a single payroll check dated Oct 15, 2024 (for Oct 1- Oct 15, 2024) using the information noted below. The employee is taking courses and receives tuition benefits shown in the table, as well as a $100 advance which will be repaid evenly over the following 2 paycheques. (2 marks) Advance Sick Direct Cheque no. (Repaid) Days Deposit $100 No Name of Employee Your Mother (as renamed in #4 above) Regular Overtime Lessons Tuition Hours Hours 80 $130 Chq #211 6. Oct 17, Memo #1: Your mother returned her paycheque. She had worked 2 hours of Overtime but wasn't paid for them. Adjust her paycheck and re-issue the same cheque number. (1 mark) 7. Oct 18: Jonic Holla has requested a vacation. Release all accrued retained vacation pay for period ending Oct 15, 2024 using the next available cheque. (2 marks) 8. Oct 19: Record sales invoice # 1037 for $2,000 in lessons for a new client PD Pascal, 2/5, n/30 (use quick add). (1 mark). 9. Oct 20 Memo #2: The sale to PD Pascal should have included $500 for programs. Revise original invoice (#1037) to include the additional charge. (1 mark). 10. Oct 26: Received check# 340 from PD Pascal for the amount due (net of discount). (1 mark). 5. Issue a single payroll check dated Oct 15, 2024 (for Oct 1- Oct 15, 2024) using the information noted below. The employee is taking courses and receives tuition benefits shown in the table, as well as a $100 advance which will be repaid evenly over the following 2 paycheques. (2 marks) Advance Sick Direct Cheque no. (Repaid) Days Deposit $100 No Name of Employee Your Mother (as renamed in #4 above) Regular Overtime Lessons Tuition Hours Hours 80 $130 Chq #211 6. Oct 17, Memo #1: Your mother returned her paycheque. She had worked 2 hours of Overtime but wasn't paid for them. Adjust her paycheck and re-issue the same cheque number. (1 mark) 7. Oct 18: Jonic Holla has requested a vacation. Release all accrued retained vacation pay for period ending Oct 15, 2024 using the next available cheque. (2 marks) 8. Oct 19: Record sales invoice # 1037 for $2,000 in lessons for a new client PD Pascal, 2/5, n/30 (use quick add). (1 mark). 9. Oct 20 Memo #2: The sale to PD Pascal should have included $500 for programs. Revise original invoice (#1037) to include the additional charge. (1 mark). 10. Oct 26: Received check# 340 from PD Pascal for the amount due (net of discount). (1 mark).

Answer rating: 100% (QA)

Here are the journal entries for the payroll and accounting tasks in the instructions Oct 15 2024 Payroll Journal Entry Dr Wages Expense 475 Dr Tuitio... View the full answer