Wages Liability

David Harrison DavidHarrisonCGA at gmail.com
Mon Oct 18 15:28:20 EDT 2004


 Arrgh, dang word wrap messed up my examples.  Here are the two
entries again, hopfully these ones look right.

Wages (expense)                                    $1,000.00
Employee benefits (expense)                          80.00
Employer portion of CPP and EI (expense)         ?
           Bank                                                       
   Net pay
           Wage deductions payable                                ?
           Employee benefits payable                            80.00

 
Employee benefits payable                         $1,000.00
Employee benefits (expense)                            80.00
Employer portion of CPP and EI (expense)            ?
           Bank                                                       
    Net pay
           Wage deductions payable                                  ?
           Employee benefits payable                              80.00

Dave


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