Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following information relates to rw enterprise

The following information relates to RW Enterprises payroll for the month of July: Wages Income...

90.2K

Verified Solution

Question

Accounting

The following information relates to RW Enterprises payroll for the month of July:
Wages
Income tax withheld
Employees' CPP
contributions
Employees' El
contributions
Company contributions
for CPP
Company contributions
for El
$11250
2250
556.90
180
556.9
252
The total wage expense for RW Enterprises for the month of July is 12058.90. Why you dont include the "income tax withheld"? I thought the employee expense adds wages expense, employee income taxes payable, cpp payable,ei payable, and cash.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Let's discuss the format of the Schedule of Cost of Goods Manufactured. What is included in...

Accounting
Q

A 1.100 L sample of HCl gas at 25∘C and 732.0 mm Hg was absorbed completely...

Chemistry
Q

Check the 2 correct answers Which of the following events occurs during generalized transduction the...

Biology
Q

Use the steps you used in the last two problems to solve. A 4357-kg roller...

Physics
Q

A pulley system consists of a 10 inch wheel and another whose radius is unknown...

Geometry
Q

20 The reference angle of 292 is A 32 B 22 C 58 D 68

Calculus
Q

which items must be separa stated on the corp form 1120-s

Accounting
Q

Which of the following provides for a reduction in the employer's state unemployment tax rate...

Accounting
Q

2 Check my work Hillyard Company, an office supplies specialty store, prenares its master budget...

Accounting
Q

Lean production should result in reduced inventories. If lean production is successfully implemented, the difference...

Accounting
Q

No deferred tax asset was recognized in the Year 1 financial statements by the Chaise...

Accounting
Q

Explore Program Status Word? function and content

Accounting