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7 The following data were taken from the payroll register of Eastcoastal Company: Gross Salary XXX Employees' Income Tax Deductions EI Deductions XXX XXX
7 The following data were taken from the payroll register of Eastcoastal Company: Gross Salary XXX Employees' Income Tax Deductions EI Deductions XXX XXX CPP Deductions XXX 03:16:35 Hospital Insurance Deductions XXX Union Dues Deductions XXX Print Eastcoastal contributes an equal amount to the hospital insurance plan, in addition to the statutory payroll taxes, and 6% of the gross salaries to a pension retirement program. Required: Record in general journal form the payroll, payment of the employees, and remittance to the appropriate persons amounts owing in connection with the payroll. (Note: All amounts are to be indicated as xxx.) View transaction list 1 Record the salary expense. 2 Record the EI and CPP expenses. 3 Record the benefit expenses. 4 Record the salaries paid. 5 Record the remittance of payroll liabilities to the Receiver General for Canada. Credit 6 Record the hospital insurance paid. 7 Record the union dues paid. 8 Record the retirement plan remittance made. Note : = journal entry has been entered Record entry Clear entry View general journal >
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