Question 3
Assiniboine Company has three
employees who each earn $3,000 (monthly) and are paid on the
2nd of each month (for the month just ended). The
following payroll register for March (of the current year) has been
prepared. Explanations are optional.
Distribution
Gross
Income
Medical
Total
Office
Sales
Pay
EI
Tax
CPP
Insurance
Deductions
Net Pay
Salaries
Salaries
$9,000
$190
$1,900
$400
$350
$2,840
$6,160
$3,000
$6,000
REQUIRED: Using the
partial Chart of Accounts at the top of the...