A company has three employees, each of whom has been employed since January 1, earns $3,600 per month, and is paid on the last day of each month On March 1, the following accounts and balances appeared in its ledger Employees Income Taxes Payable, $1,393 70 (liability for February) EI Payable, $430 27 (liability for February) CPP Payable, $982 58 (liability for February) Employees Medical Insurance Payable, $1,960 00 (liability for January and February) During March and April, the company completed the following related to payroll Mar 17 Issued cheque 320 payable to the Receiver General for Canada The cheque was in payment of the February employee income taxes, EI, and CPP amounts due Mar 31 Prepared a general journal entry to record the March payroll register, which had the following column totals EI Income Taxes CPP Medical Insurance Total Deductions Net Pay Office Salaries Shop Salaries $ 179 28 $ 1,393 70 $ 491 29 $ 490 00 $ 2,554 27 $ 8,245 73 $ 3,600 00 $ 7,200 00 Mar 31 Recorded the employers $490 00 liability for its 50 contribution to the medical insurance plan of employees and 6 vacation pay accrued to the employees Mar 31 Prepared a general journal entry to record the employers costs resulting from the March payroll Apr 17 Issued cheque 575 payable to the Receiver General for Canada in payment of the March mandatory deductions Apr 17 Issued cheque 576 payable to All Canadian Insurance Company in payment of the employee medical insurance premiums for the first quarter Required Prepare the entries to record the transactions (Round your answers to 2 decimal places Do not round intermediate calculations )

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A company has three employees, each of whom has been employed since January 1, earns $3,600 per month, and is paid on the last day

A company has three employees, each of whom has been employed since January 1, earns $3,600 per month, and is paid on the last day of each month. On March 1, the following accounts and balances appeared in its ledger.

Employees Income Taxes Payable, $1,393.70 (liability for February).
EI Payable, $430.27 (liability for February).
CPP Payable, $982.58 (liability for February).
Employees Medical Insurance Payable, $1,960.00 (liability for January and February).

During March and April, the company completed the following related to payroll. Mar. 17 Issued cheque #320 payable to the Receiver General for Canada. The cheque was in payment of the February employee income taxes, EI, and CPP amounts due. Mar. 31 Prepared a general journal entry to record the March payroll register, which had the following column totals:

EI		Income Taxes			CPP		Medical Insurance			Total Deductions			Net Pay			Office Salaries			Shop Salaries
$	179.28		$	1,393.70	$	491.29		$	490.00		$	2,554.27		$	8,245.73		$	3,600.00		$	7,200.00

Mar. 31 Recorded the employers $490.00 liability for its 50% contribution to the medical insurance plan of employees and 6% vacation pay accrued to the employees. Mar. 31 Prepared a general journal entry to record the employers costs resulting from the March payroll. Apr. 17 Issued cheque #575 payable to the Receiver General for Canada in payment of the March mandatory deductions. Apr. 17 Issued cheque #576 payable to All Canadian Insurance Company in payment of the employee medical insurance premiums for the first quarter. Required: Prepare the entries to record the transactions. (Round your answers to 2 decimal places. Do not round intermediate calculations.)