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2 A company has three employees, each of whom has been employed since January 1, earns $3,300 per month, and is paid on the last

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2 A company has three employees, each of whom has been employed since January 1, earns $3,300 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, $127754 (lability for February b. El Payable, $394 42 (liability for February C. CPP Payable, 5893.48 liability for February d. Employees' Medical Insurance Payable, S1,840.00 (liability for January and February 10 points Boos During March and Apell, the company completed the following related to payroll Mar. 17 issued cheque #320 payable to the Receiver General for Canada. The cheque wins in payment of the February employee Mar. 31 Prepared a general journal entry to record the March payroll register, which had the following column totals: ET $164.34 Income Taxes $1,272.54 CPP $446.74 Medical Insurance Total Deductions $410,00 $2,340.62 Pay $7.551.39 office salaries Shop Salas $3.300.00 $6,600.00 Mar 31 Recorded the employer's $46000 liability for its 50% contribution to the medical insurance plan of employees and 6% vacation Day 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 #515 payable to the Receiver General for Canada in payment of the March mandatory deductions Apr. 17 issued cheque #516 payable to All Canadian Insurance Company in payment of the employee medical insurance premiums for the first quarter Required: Help Seve & En Required: Prepare the entries to record the transactions, (Round your answers to 2 decimal places. Do not round intermediate calculations.) Su 2 View transaction lit 10 points Journal entry worksheet

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