Question

1. Cash Drawing - Cheque payable to Fred Mathew -$2500. 2. Pay day. Siomon was paid...

1. Cash Drawing - Cheque payable to Fred Mathew -$2500.

2. Pay day. Siomon was paid for 30 hours and Kate was paid for 26 hours.

Note:

name gross pay per hour ($) PAYG tax per hours( $)
Kate 25 6
Siomon 20 5

How to record this two transactions.

Business   Accounting   
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Answer #1

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       TDS payable                                                           dr.    156

       salaries                                                                   dr.    494

            to kate                                                                                                           650

2)

       TDS payable                                                           dr. 150

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