GC Company has employees who are paid on a monthly basis. Payroll information for August of the current year is given below.
Employee salaries..................................... $155,000
Union dues .................................................1,050
Charitable contributions ....................................375
Employee CPP contributions .............................7,320
Employee EI contributions ...............................2,836
Employee income tax withheld ........................31,250
Prepare the journal entries to record the August 30 payroll payment and the payroll benefits expense for GC Company for August. Also prepare the entries to record the payment of payroll withholdings to the government and other agencies on September 15. Explanations are not required.