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Assume the following payroll information for Jane Smith: Gross pay $10,000, Income tax $2,500, El $220, CPP $540. What is included in the journal
Assume the following payroll information for Jane Smith: Gross pay $10,000, Income tax $2,500, El $220, CPP $540. What is included in the journal entry to record the employer amounts of the payroll: a. Employer portion of income tax $2,500 O b. El expense of $264 C. CPP payable of $540 d. El payable of $220
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