TooSewn Services had the following details for its' salaried employees on August 13. Gross Wages $36,900.00 Income Taxes $6,642.00 Canada Pension Plan $1,882.00 Employment Insurance $598.00 Charitable Donations $382.00 Medical Benefits (Employee Portion) $472.00 a) Prepare the journal entry to accrue the gross and net pay. Do not enter dollar signs or commas in the input boxes. Enter credit accounts in alphabetical order. Round your answers to the nearest whole dollars Date Account Title and Explanation Debit Credit Aug 13
Date Account Title and Explanation Debit Credit Aug 13 . . + . Accrue payroll to be paid later b) The government requires that the employer match 100% of the CPP withheld from the employee and that they mat
b) The government requires that the employer match 100% of the CPP withheld from the employee and that they match 140% of the amount withheld for El. The employer matches the employee's health benefits. Prepare the journal entry to record the employer's expenses and associated liabilities. Account Title and Explanation Debit Credit Date Aug 13 • . Record additional employer expenses
TooSewn Services had the following details for its' salaried employees on August 13. Gross Wages $36,900.00 Income Taxes
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TooSewn Services had the following details for its' salaried employees on August 13. Gross Wages $36,900.00 Income Taxes
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