Beach Ltd's payroll for June 2019 was $20,000. The pay week ended on 30 June and was paid on the 1 July. Payroll deductions from amounts paid during June were as follows:
Required:
(a) State the current liabilities relating to Beach Ltd's payroll at 30 June 2019.
(b) Prepare the journal entry to record the payroll for the pay week ended 30 June.

Question

Beach Ltd's payroll for June 2019 was $20,000. The pay week ended on 30 June and was paid on the 1 July. Payroll deductions from amounts paid during June were as follows:
  Required:
(a) State the current liabilities relating to Beach Ltd's payroll at 30 June 2019.
(b) Prepare the journal entry to record the payroll for the pay week ended 30 June.

Quizplus · Accepted Answer

The Answer of Beach Ltd's payroll for June 2019 was $20,000. The pay week ended on 30 June and was paid on the 1 July. Payroll deductions from amounts paid during June were as follows:
  Required:
(a) State the current liabilities relating to Beach Ltd's payroll at 30 June 2019.
(b) Prepare the journal entry to record the payroll for the pay week ended 30 June.

Beach Ltd's Payroll for June 2019 Was $20,000