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

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

Prepare General Journal entries to accrue employee fringe benefit costs for the week. Assume that the company matches the employees’ payments for medical insurance and contributes an amount equal to 8% of each employee’s gross pay to a retirement program. Also, each employee accrues vacation pay at the rate of 6% of the wages and salaries earned. The company estimates that all employees eventually will be paid their vacation pay. (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.)

El Premium Income Taxes Medical Insurance CPP Union Dues Total Deductions Net Pay Sales Salaries Expense Office Salaries Expense Shop Salaries Expense
23.50 267.03 52.50 58.54 105.00 506.57 743.43 1,250
27.26 341.79 25.00 68.44 127.50 589.99 860.01 1,450
32.90 448.00 35.00 83.29 78.75 677.94 1,072.06 1,750
20.68 211.18 47.50 51.12 90.00 420.48 679.52 1,100
104.34 1,268.00 160.00 261.40 401.25 2,194.99 3,355.01 1,250 1,100 3,200

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ekkarill92 answered 2 years ago
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