a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll. b. Compute for employer's contribution and make an entry to record the liabilities. The following are the employees of Music Museum: Semi Monthly Salary P 10,000 7,500 5,000 Cash Advance Position Secretary e Santos ey Yu Chavez January 19 P500 Cashier Clerk

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll.
b. Compute for employer's contribution and make an entry to record the liabilities.
The following are the employees of Music Museum:
Semi Monthly Salary
P 10,000
Position
Cash Advance
Secretary
Cashier
Rose Santos
Shirley Yu
Ben Chavez
7,500
January 19 P500
5,000
Clerk
Transcribed Image Text:a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll. b. Compute for employer's contribution and make an entry to record the liabilities. The following are the employees of Music Museum: Semi Monthly Salary P 10,000 Position Cash Advance Secretary Cashier Rose Santos Shirley Yu Ben Chavez 7,500 January 19 P500 5,000 Clerk
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