117% View Zoom Add Category + GJ entries 20 marks + A M Insert Table Chart Text Shape Media Comment Collaborate Format Organize Style Image Arrange Recording payroll entries in the General journal based on the following payroll register: A company has three employees, each of whom has been employed since January 1, earns $3,000 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, $1,298.25 (liability for February). b. EI Payable, $358.56 (liability for February). c. CPP Payable, $804.36 (liability for February). d. Employees' Medical Insurance Payable, $1,380.00 (liability for January and February). During March and April, the company completed the following related to payroll: < Border Mar. 17 Issued cheque #635 payable to the Receiver General for Canada. The cheque was in payment of the February employee income taxes, EI, and CPP amounts due. 31 Prepared a general journal entry to record the March payroll register, which had the following column totals: > Shadow EI $149.40 Income Taxes $1,298.25 CPP $402.18 Medical Insurance $345.00 Total Deductions $2,214.63 Net Pay $6,785.37 Office Salaries $3,000 Reflection Shop Salaries Opacity $6,000 31 Recorded the employer's $345.00 liability for its 50% contribution to the medical insurance plan of employees and 6% vacation pay accrued to the employees. Prepared a general journal entry to record the employer's payroll costs resulting from the March payroll. 31 Apr. 14 Issued cheque #764 payable to the Receiver General for Canada in payment of the March mandatory deductions. 14 Issued cheque #765 payable to National Insurance Company in payment of the employee medical insurance premiums for the first quarter. Required Prepare the entries to record the transactions. Image Styles Title Caption Top 100%