Question

T Financial Accounting I AC1130 Question # 2 Complete Journal Entries using the following information: (amounts here are different than question 1) You are the Payroll Manager for Walkers Incorporated. Your company uses the EFT transfers to pay its employees Required: Using the following completed payroll register, prepare the following journal entries: a) to record the November 30, 2019 payroll. b) to record any additional expenses/liabilities that the employer may incur because of the payroll. c) to transfer the adequate funds from the cash account to a special payroll checking account on November 30, 2019. d) to record payment to the Qatar government for amount due for QNPP on November 30, 2019. Payroll Register - Walkers Incorporated For the Month Ending November 30, 2019 Earnings Allowances Deductions Hr. Qatar Employee Name Nationality Overtim Rate/ Housing National Social Hrs. Gross Social Net e Salary Worked Regular & Other Pay Allow. Allow. Pension Club Pay 600.00 2,822.00 3,182.50 3,360.00 4,200.00 6,007.50 3,937.50 166.00 150.00 3,106.00 164 2,720.00 165 3,040.00 140 3,360.00 155 4,200.00 Rick Grimes 17.00 102.00 Qatar USA 9,182.50 3,360.00 4,050.00 150.00 6,157.50 8,937.50 19.00 142.50 6,000.00 Daryl Dixon Carol Peletier Maggie Greene Abraham Ford Morgan Jones India Canada 21.00 4,200.00 150.00 607.50 600.00 300.00 5,400.00) 3,600.00 172 5,400.00 170 3,600.00 Qatar 5,000.00 337.50 Africa 466.00 450.00 34,793.50 23,509.50 1,200.00 11,000.00 Totals (COLLEGE OF THE NORTH ATLANTIC] [Assignment 3

Answer 1

(a)

23509.5 Gross Pay Salary Payable QNPP Payable Social Club Payable 22593.5 466 450

(b)

Social Allowances Housing Allwances Salary Payable 12001 11000 12200

(c)

Dr 34793.5 Payroll Checking Account Cash 34793.5

(d)

Dr 466 QNPP Payable Cash 466