Answer in step by step with explanation.Don't use Ai and chatgpt .Answer in all options. Which one of the following general statements aboutpayroll is incorrect -A) You may edit any field that is not dimmedB) One time bonus payments should be recordedseparatelyC) Quick add will add the employee name to thepayroll ledgerD) All payroll cheque run entries are recorded with thesame posting date

The incorrect statement is:C) Quick add will add the employee name to the payroll ledger."Quick Add"…

Answered: Which one of the following general…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter7: Payroll

Section: Chapter Questions

Problem 3.6C

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Question 3: Setting up and Managing Payroll A. Use the template below and prepare a list of all accounts that are required for setting payroll in QuickBooks Online. (Add rows if required)" Template Account Number Account Name Account Type ▬▬▬
hello, I need help please
Which one of the following statements about payroll is incorrect – * a. you must record an hourly rate, salary or commission to process a paycheque b. the program calculates EI, CPP and Income Tax based on federal tax tables C. you must enter amounts for RRSP and Medical manually in the payroll journals d. the payroll ledgers do not have a single control account
Which one is the correct answer?
Hi, How do i write these journal entires?
Figure 2-4 in the text illustrates how a customerorder is transformed into a source document, a productdocument, and a turnaround document. Developa similar flowchart for the process of paying hourlyemployees.The Process: Supervisors collect time sheets fromemployees, review them for correctness, and submitthem to payroll where payroll checks are preparedand sent to the employees. In addition a summaryreport of total payroll charges is sent to each departmentmanager, who reviews it for correctness, signsthe report, and returns it to the payroll departmentto be files.
Question 25 of 30 . True or False - When creating a time slip in Sage 50, you can only enter the time using the available timer. True False 26 of 30. True or False - Prior to creating time slips in Sage 50, you need to set up service activity items. ) True False 27 of 30 What can time slips be used for in Sage 50 Premium Accounting? Select ALL that apply., To bill customers for the hours or fime spent on activities To pay employees based on the number of hours spent on various activities To create purchase invoices based on the activites. To create purchase quoles based on the time spent on activities Mark for follow up
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1. These two questions are for quickbooks desktop 2022. Please inlcude explaination. Thank you!
You just hired your first employee. What are the first two steps in Quickbooks to set up your own payroll? A. Sign up for a payroll service Setup Payroll Schedule. B. Sign up for a payroll service and complete the Payroll Setup Interview. C. Complete the Payroll Setup Interview and add your new employee. D. Turn on payroll through your preferences and complete the Payroll Setup Interview.
Exercise Al-2 Calculating payroll deductions and recording the payroll LO2 The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll records Weekly Gross Earnings to End of Previous Income Health Insurance Fay Deductions $ 900 870 Hellen Craig Joseph Lin Dine Patelli Sharleen McFer Taxes $12,510 $144.55 $ 37.00 13,440 113.63 19,140 173,72 24.00 36.00 1,090 1,940 32,628 458.72 24.00 $4,900 $930.62 $121.00 Required: 1. Calculate the employees' El and CPP withholdings and the amounts paid to each employee. (Do not round intermediate calculations. Round the final answers to 2 decimal places) Deductions Employee Gross Pay Health Insurance Total Deductions Premium Net Pay $ 37.00 24.00 36 00 24 00 eese on Hellen Craig Joseph Lim Dino Patel Sharleen McFee S 4 980 00 870 00 1,000 00 1,960 00 nnnn Income Taxes $ 144 55 113.63 173 72 496 72 anes t CPP
2

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