An employee had $20,300 in gross earnings up to September 20, 2021. She has the following information for her pay for the week ending September 27, 2021. Her employer contributes 100% toward CPP and 140% toward El. Vacation pay is accrued 4% of gross pay. Workers' Compensation is 1% of gross pay. Hours Hourly Rate Income Tax Canada Pension Plan Employment Insurance Union Dues Charitable Donations Item Date 2021 Amount Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Sep 27 41 $17.00 $139.40 $34.32 $11.01 $20.00 $20.00 a) Prepare the payroll journal entry to record the payroll entry for the employee. The employee will be paid immediately. Account Title and Explanation Debit Credit

An employee had $20,300 in gross earnings up to September 20, 2021. She has the following information for her pay for the week ending September 27, 2021. Her employer contributes 100% toward CPP and 140% toward El. Vacation pay is accrued 4% of gross pay. Workers' Compensation is 1% of gross pay. Hours Hourly Rate Income Tax Canada Pension Plan Employment Insurance Union Dues Charitable Donations Item Date 2021 Amount Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Sep 27 41 $17.00 $139.40 $34.32 $11.01 $20.00 $20.00 a) Prepare the payroll journal entry to record the payroll entry for the employee. The employee will be paid immediately. Account Title and Explanation Debit Credit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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