GALLARDO, INC. Supplementary Payroll Sheet     Bills Coins Name of Employee Net Amount Paid $50 $20 $10 $5 $1 50¢ 25¢ 10¢ 5¢ 1¢ Chad T. Biskis $251.75                     Nicole A. Cibik 256.52                     Domingo M. Diaz 384.94                     Laura B. Elias 202.59                     Ari M. Fleischer 253.64                     Diane Y. Germano 296.5                     Arnold B. Herst 594.26                     Edward C. Kenner 399.89                     Kathleen J. Marfia 234.01                     eBook Question Content Area Gallardo, Inc., pays its employees' weekly wages in cash. A supplementary payroll sheet that lists the employees' names and their earnings for a certain week is shown below. Complete the payroll sheet by calculating the total amount of payroll and indicating the least possible number of denominations that can be used in paying each employee. However, no employees are to be given bills in denominations greater than $50. If an amount box does not require an entry, enter "0

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter12: Preparing Payroll Records
Section: Chapter Questions
Problem 1CP
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GALLARDO, INC.
Supplementary Payroll Sheet
    Bills Coins
Name of Employee Net Amount Paid $50 $20 $10 $5 $1 50¢ 25¢ 10¢
Chad T. Biskis $251.75
 
                 
Nicole A. Cibik 256.52
 
                 
Domingo M. Diaz 384.94
 
                 
Laura B. Elias 202.59
 
                 
Ari M. Fleischer 253.64
 
                 
Diane Y. Germano 296.5
 
                 
Arnold B. Herst 594.26
 
                 
Edward C. Kenner 399.89
 
                 
Kathleen J. Marfia 234.01
 
                 
eBook

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Gallardo, Inc., pays its employees' weekly wages in cash. A supplementary payroll sheet that lists the employees' names and their earnings for a certain week is shown below. Complete the payroll sheet by calculating the total amount of payroll and indicating the least possible number of denominations that can be used in paying each employee. However, no employees are to be given bills in denominations greater than $50. If an amount box does not require an entry, enter "0

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