2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 FR23232 17 18 19 20 24 26 A company has three employees, each of whom has been employed since January 1, earts $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: 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: EI $149.40 Apr. 31 31 14 14 Income Taxes $1,298.25 yroll register: CPP GJ entries 20 marks Medical Insurance Total Deductions Net Pay Office Salaries $402.18 $345.00 $2,214.63 $6,785.37 $3,000 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. Issued cheque #764 payable to the Receiver General for Canada in payment of the March mandatory deductions. Issued cheque #765 payable to National Insurance Company in payment of the employee medical insurance premiums for the first quarter. Shop Salaries $6,000