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From the Following Data,calculate the Estimate Annual Advance Premium for Workers

Question 126

Essay

From the following data,calculate the estimate annual advance premium for workers' compensation insurance and record it in general journal form.
 Department  Estimated Payroll  Rate per $100 Office $50,000$0.24 Warehouse 40,0001.40 Sales 75,0000.90\begin{array} { l c c } \text { Department } & \text { Estimated Payroll } & \text { Rate per } \$ 100 \\\text { Office } & \$ 50,000 & \$ 0.24 \\\text { Warehouse } & 40,000 & 1.40 \\\text { Sales } & 75,000 & 0.90\end{array}

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