also estimated that annual bonus of P432,000 will be paid at year end. All employees are Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) accrue earned by 20 production workers and P30,000 earned by 10 sales workers. Roppongi 0,000 P43 Roppongi Company incurred payroll for the week of also estimated that annual bonus of P432,000 will be paid at year end. All employee entitled to 4-week paid vacation and 10 paid holidays. Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) acc the bonus, vacation and holiday pay.
also estimated that annual bonus of P432,000 will be paid at year end. All employees are Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) accrue earned by 20 production workers and P30,000 earned by 10 sales workers. Roppongi 0,000 P43 Roppongi Company incurred payroll for the week of also estimated that annual bonus of P432,000 will be paid at year end. All employee entitled to 4-week paid vacation and 10 paid holidays. Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) acc the bonus, vacation and holiday pay.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:P4-3 Roppongi Company incurred payroll for the week of P100,000, which consists of P70,000
also estimated that annual bonus of P432,000 will be paid at year end. All employees are
earned by 20 production workers and P30,000 earned by 10 sales workers. Roppongi
Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) accrue
CHAPTER 4 Accountir
Sawed wth Canseaner
entitled to 4-week paid vacation and 10 paid holidays.
the bonus, vacation and holiday pay.
for Innuary shows the following information
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