Blossom Companys gross pay for the week ended August 22 totalled $70,500, from which $3,430 was deducted for CPP, $1,290 for EI, and $19,410 for income tax.

Prepare the entry to record the employer payroll costs, assuming these will not be paid until September.

answers to o decimal places, e.g. 1,575.) Date Account Titles and Explanation Debit Credit Aug. 22 TSalaries Expense 70500 CPP Payable 1290 El Payable (To record employer payroll costs.) 19410