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On January 13, at the end of the second weekly pay period of the year, a company

ID: 2390763 • Letter: O

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 37,830 of office salaries. Assume withholdings from the employees' salaries were to include 5590.32 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.(If no entry is required for a transaction event, select "No journal entry required" in the first account field. Round your answers to 2 decimal places.) mployees Journal entry worksheet Record payroll deductions for the pay period ending Jan 13 Note: Enter debits before cradits. Date Debit Jan 13

Explanation / Answer


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Date Account Description Debit Credit 13-Jan Sales Salary Expenses $ 23,570.00 Office Salary Expenses $    7,830.00 EL payable $        590.32 CPP Payable $    1,447.68 Federal Income Tax Payable $    6,462.00 Hospital Insurance Payable $    1,090.00 Union Dues Payable $        580.00 Salary Payable $ 21,230.00 (Being Salary Recorded)