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Prepare a General Journal Payroll Entry for Fine Foods Using

Question 106

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Prepare a general journal payroll entry for Fine Foods using the following information:
 Cumulative  Weekly Earnings Gross Salary  Department  Vera Salerd 45,000900 Office  Saul Marriand 30,0001,100 Sales  Burt Javal 66,0002,000 Office \begin{array} { l c c c } & \text { Cumulative } & \text { Weekly } & \\\text {}&{ Earnings } & \text { Gross Salary } & \text { Department } \\\text { Vera Salerd } & 45,000 & 900 & \text { Office } \\\text { Saul Marriand } & 30,000 & 1,100 & \text { Sales } \\\text { Burt Javal } & 66,000 & 2,000 & \text { Office }\end{array}
Assume the following:
a) CPP 4.95% (exemption of $67.30); EI 1.88%
b) Income Tax (including Federal and Provincial Income Tax) is 22% of gross pay
c) Each employee pays $10 per week for medical insurance.

Correct Answer:

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Office Salaries Expense 1,100
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