7 of 8 < > View Policies Current Attempt in Progress -/15 E B Monty Corp's gross payroll for April is $48,800. The company deducted $2,292 for CPP, $973 for El, and $9.111 for income taxes from the employees cheques. Employees are paid monthly at the end of each month. Prepare a journal entry for Monty on April 30 to record the payment of the April payroll to employees. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts Date Account Titles and Explanation Apr. 30 Debit Credit Question 7 of 8 < > -/15 E Prepare a journal entry on April 30 to accrue Monty's employer payroll costs. Assume that Monty is assessed workers compensation premiums at a rate of 1% per month and accrues for vacation pay at a rate of 4% per month. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, eg 5.276) Date Account Titles and Explanation Apr. 30 Debit Credit (To record employer's payroll costs) Textbook and Media 2:48 AM On May 15, Monty pays the Receiver General the correct amounts for April's payroll. Prepare a journal entry to record this remittance. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required. select "No Entry" for the account titles and enter O for the amounts) Date Account Titles and Explanation May 151 (To record remittance of payroll deductions) eTextbook and Media. here to search E Debit Credit 2:48AM 11C 4.40