In: Accounting
Record the following:
03/24 INV13 Billed City of Ottawa $6,000, terms n/30. *
03/25 CR7 Received payment in full from Oban.
03/31 BS5 BNS charged $220 in bank charges. Record in General Journal
03/31 Paid the following salaries:
To you:CQ36 Salary expense $4,000.00
CPP expense $190.78
EI expense $92.96
CPP payable $381.56
EI payable $159.36
Income tax payable $944.64
Net pay paid $2,798.18
To: Victor Wong: CQ37
Salary expense $3,000.00
CPP expense $141.28
EI expense $69.72
CPP payable $282.56
EI payable $119.52
Income tax payable $602.43
Net pay paid $2,206.49
To: Geraldine Sparkles: CQ38
Salary expense $1,750.00
CPP expense $79.41
EI expense $40.67
CPP payable $158.82
EI payable $69.72
Income tax payable $244.82
Net pay paid $1,396.72
To: Duncan MacPherson: CQ39
Salary expense $1,250.00
CPP expense $54.66
EI expense $29.05
CPP payable $109.32
EI payable $49.80
Income tax payable $144.94
Net pay paid $1,029.65