1 A company has three employees, each of whom has been employed since January 1, earns $3,550 per month, and is paid on the last day of each month On March 1, the following accounts and balances appeared in its ledger a. Employees' Income Taxes Payable, $1,374.34 (lability for February) b. El Payable, $424.30 (liability for February) C. CPP Payable, $96772 (liability for February) d. Employees' Medical Insurance Payable, $1.940.00 (lability for January and February) During March and April, the company completed the following related to payroll Mar. 17 issued cheque #320 payable to the Receiver General for Canada. The cheque was in payment of the February employee income taxes, El. and CPP amounts due Mar. 31 Prepared a general Journal entry to record the March payroll register which had the following column totals Medical Income Taxes Insurance Total Deductions $483.86 $2,519.99 $3,550,00 $7,100.00 CPP Office Salaries Shop Salaries ET $176.79 Net Pay 58,130.01 $1,374.34 $485.00 Mar 31 Recorded the employer's $485.00 liability for its 50% contribution to the medical insurance plan of employees and 6% vacation pay accrued to the employees. Mar 31 Prepared a general Journal entry to record the employer's costs resulting from the March payroll Apr. 17 Issued cheque #565 payable to the Receiver General for Canada in payment of the March mandatory deductions Apr 17 issued cheque #566 payable to All Canadian Insurance Company in payment of the employee pedical insurance premiums for fi Prev 1 of 2 !!! Next > 3 w