also estimated that annual bonus of P432,000 will be paid at year end. All employees are Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) accrue earned by 20 production workers and P30,000 earned by 10 sales workers. Roppongi 0,000 P43 Roppongi Company incurred payroll for the week of also estimated that annual bonus of P432,000 will be paid at year end. All employee entitled to 4-week paid vacation and 10 paid holidays. Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) acc the bonus, vacation and holiday pay.
also estimated that annual bonus of P432,000 will be paid at year end. All employees are Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) accrue earned by 20 production workers and P30,000 earned by 10 sales workers. Roppongi 0,000 P43 Roppongi Company incurred payroll for the week of also estimated that annual bonus of P432,000 will be paid at year end. All employee entitled to 4-week paid vacation and 10 paid holidays. Required: Prepare the journal entries to: (a) distribute the weekly payroll and to (b) acc the bonus, vacation and holiday pay.
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 6SEB
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