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Adam Tarver is paid $840 for a 40-hour workweek and time and a half for hours worked above 40. Tarver worked 50 hours during

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Adam Tarver is paid $840 for a 40-hour workweek and time and a half for hours worked above 40. Tarver worked 50 hours during the first week of February Tarver is single, and his income tax withholding is 20 percent of total pay. His only payroll deductions are taxes withheld, CPP of 5.45 percent, and El of 1.58 percent. Tarver's employer, Jones Ski Corp., pays all the standard payroll expenses plus benefits for employee pensions (5 percent of gross pay), BC health insurance ($13 per employee per week), and disability insurance ($2 per employee per week). Assume February has four pay periods. (Click the icon to view payroll information.) Joumalize for Jones Ski Corp. the following expenses related to the employment of Adam Tarver on February 7. a. Salaries expense with payment to the employee b. Benefits Employer payroll expenses February 7 Record the journal entry for each transaction. (Record debits first, then credits. Exclude explanations from journal entries. Leave unused cells blank. Round amounts to the nearest cent.) a. First, record the journal entry for the salaries expense. Date Account Titles Debit Credit Payroll information ulator Ask my instructor Straight-time pay $840.00 Employee income tax withheld 231.00 CPP withheld 59.28 El withheld 18.25 Health insurance 13.00 Overtime pay 315.00 CPP-employer's share 5028 El-employer's share 25.55 Pension 57.75 Disability insurance 2.00 Print Done ver U

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