Question

A company showed the following information in its payroll register for the week ended March 16, 2015:

EI Premium	Income Taxes	Medical Insurance	CPP	Union Dues	Total Deductions	Net Pay	Sales Salaries Expense	Office Salaries Expense	Shop Salaries Expense
32.90	373.84	35.00	83.29	78.75	603.79	1,146.21	1,750
36.66	497.14	47.50	93.19	90.00	764.50	1,185.50			1,950
42.30	602.48	52.50	108.04	105.00	910.32	1,339.68			2,250
30.08	271.52	25.00	75.87	127.50	529.97	1,070.03		1,600
141.94	1,744.99	160.00	360.40	401.25	2,808.58	4,741.42	1,750	1,600	4,200

1. Prepare a General Journal entry to record the payroll register information. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to 2 decimal places.)

Answer 1

Trans	Date	Particulars		Debit	Credit
1	March 16, 2015	No Entry Required
		Note: Only one entry for accounting payroll expenses is required, which is at serial no. 2. No entry is required to record the payroll register information.
2	March 16, 2015	Sales Salary Expenses A/c		1,750.00
		Office Salary Expenses A/c		1,600.00
		Shop Salary Expenses A/c		4,200.00
			To EI Premium A/c		141.94
			To Income Taxes Payable A/c		1,744.99
			To Medical Insurance A/c		160.00
			To CPP A/c		360.40
			To Union Dues A/c		401.25
			To Salary Payable A/c		4741.42
			(Common or Individual A/cs)
				$7550.00	$7550.00
		Being Salary due for the week ending March 16, 2015 accounted for