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CPP is 5.25% and El is 1.58%, and none of the current month's salaries and wages exceed the CPP or El limits. Haines makes a

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CPP is 5.25% and El is 1.58%, and none of the current month's salaries and wages exceed the CPP or El limits. Haines makes a pension contribution equal to 9% of each employee's gross earnings. A vacation pay accrual is also made at 3.6% of the gross earnings. Haines has 10 employees. Prepare the journal entries to record@ A) The month's payroll accrual.(B) The month's employer payroll tax expense.(C) The employer's pension contribution and vacation pay accrual. WRITE PAYROLL JOURNAL ENTRIES CPP is 5.25% and El is 1.58%, and none of the current month's salaries and wages exceed the CPP or El limits. Haines makes a pension contribution equal to 9% of each employee's gross earnings. A vacation pay accrual is also made at 3.6% of the gross earnings. Haines has 10 employees. Prepare the journal entries to record@ A) The month's payroll accrual.(B) The month's employer payroll tax expense.(C) The employer's pension contribution and vacation pay accrual. WRITE PAYROLL JOURNAL ENTRIES

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