High School

Entries for payroll and payroll taxes:

The following information about the weekly payroll was obtained from the records of Saine Co.:

- Sales salaries: $222,000

What is the total amount of payroll for Saine Co.?

Answer :

The total amount of payroll for Saine Co. is $222,000.

Saine Co.'s total payroll is calculated by summing up all the salaries paid out. The given information states that the sales salaries for Saine Co. amount to $222,000. To find the total amount of payroll for Saine Co., we simply add up this amount since no other payroll information is provided.

Total Payroll = Sales Salaries

Total Payroll = $222,000

Therefore, the total amount of payroll for Saine Co. is $222,000.

In summary, we took the given sales salaries figure of $222,000 and determined that it represents the total payroll for Saine Co. since no other payroll components were mentioned. This straightforward calculation allows us to find the total expenditure on salaries for the company.