PAYROLL REMITTANCE AND REPORTING ASSIGNMENT #1 A. RECORDING EMPLOYEE BENEFIT EXPENSE FROM THE FOLLOWING INFORMATION PREPARE A GENERAL JOURNAL ENTRY TO RECORD THE EMPLOYEE BENEFIT EXPENSE OF WINDSOR COMPANY FOR THE MONTHLY PAYMENT FOR APRIL EMPLOYEE TOTAL SALARY BERT LAMONT $2,600 JOAN QUAN $2,400 MARK TOTEM $1,800 JEAN DZURKO $2,000 TOTAL DEDUCTIONS TAX CPP ΕΙ NET PAY $ 395 $ 114 $ 49 $2,042 $ 361 $ 104 $ 45 $1,890 $ 214 $ 75 $ 34 $1,477 $ 256 $ 85 $ 38 $1,621 GENERAL JOURNAL Date Account Titles and Description PR Dr. Cr. APRIL B. REMITTANCE CALCULATION WHAT AMOUNT WILL THE WINDSOR COMPANY SEND TO THE CRA IN THE MONTH OF MAY( FOR THE APRIL PAYROLL) Income Tax CPP ΕΙ Total to be remitted
PAYROLL REMITTANCE AND REPORTING ASSIGNMENT #1 A. RECORDING EMPLOYEE BENEFIT EXPENSE FROM THE FOLLOWING INFORMATION PREPARE A GENERAL JOURNAL ENTRY TO RECORD THE EMPLOYEE BENEFIT EXPENSE OF WINDSOR COMPANY FOR THE MONTHLY PAYMENT FOR APRIL EMPLOYEE TOTAL SALARY BERT LAMONT $2,600 JOAN QUAN $2,400 MARK TOTEM $1,800 JEAN DZURKO $2,000 TOTAL DEDUCTIONS TAX CPP ΕΙ NET PAY $ 395 $ 114 $ 49 $2,042 $ 361 $ 104 $ 45 $1,890 $ 214 $ 75 $ 34 $1,477 $ 256 $ 85 $ 38 $1,621 GENERAL JOURNAL Date Account Titles and Description PR Dr. Cr. APRIL B. REMITTANCE CALCULATION WHAT AMOUNT WILL THE WINDSOR COMPANY SEND TO THE CRA IN THE MONTH OF MAY( FOR THE APRIL PAYROLL) Income Tax CPP ΕΙ Total to be remitted
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
not use ai please don't
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education