A company’s 18 sales personnel earned

by | Mar 18, 2020 | Uncategorized

  

Question:1. A company’s 18 sales personnel earned salaries of $15,000 during the period March 5-10, all of which were subject to 4.95% CPP and 1.88% EI. All personnel are entitled to 2 weeks’ paid annual vacation. In addition, the company has agreed with its employees to withhold the following amounts: $900 for hospital insurance, $2,600 for federal and provincial income taxes, and $180 for union dues.

Required:

Prepare the March 10 general journal entries to record the payroll.

  

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