Boxcom Companyhad a total bi-weekly payroll of $ 90,000. The entire payroll was subject to CPP (4.95%), EI (1.66%), and income tax withholdings of $ 11,880. Union dues of $ 1,125 and Health insurance premiums of $ 2,850 were also withheld. Boxcom will match employee CPP and 1.4 times employees EI

Instructions

a)Prepare the journal entries to record the employee wages/salaries and payroll deductions4.5 m

b)Prepare the journal entries to recordthe employer payroll contributions2 m

c)Prepare the journal entries to recordthe remittance to the Receiver General (Canada Revenue Agency)2.5 m