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34. Timothy, employee #957, was hired on Feb 1, last year at an annual salary of $48,000.00, paid bi-weekly. As of March of the current

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34. Timothy, employee #957, was hired on Feb 1, last year at an annual salary of $48,000.00, paid bi-weekly. As of March of the current year, Timothy was entitled to two weeks' vacation at 4% of his vacationable earnings. Timothy took his two weeks' vacation leave from July 9 to July 20, of the current year at which time he was paid his vacation pay on a manual cheque. Prepare the monthly journal entry required at the end of Feb of the prior year and the journal entry or entries required to record the manual cheque Timothy received when he took his vacation leave in July of the current yeah For this question, use the following rates: CPP 4.95% El 1.88% Tax 23%

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