The following data were taken from the payroll register of Eastcoastal Company: Gross Salary ............................................................. xxx Employees

Question:

The following data were taken from the payroll register of Eastcoastal Company:


Gross Salary .............................................................    xxx 

Employees’ Income Tax Deductions .....................       xxx 

EI Deductions......................................................... ..    xxx 

CPP Deductions........................................................    xxx 

Hospital Insurance Deductions .............................       xxx 

Union Dues Deductions..........................................      xxx


Eastcoastal contributes an equal amount to the hospital insurance plan, in addition to the statutory pay- roll taxes, and 6% of the gross salaries to a pension retirement program.


Required 

Record in general journal form the payroll, payment of the employees, and remittance to the appropriate persons amounts owing in connection with the payroll. 

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Fundamental Accounting Principles Volume 1

ISBN: 9781259259807

15th Canadian Edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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