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