Crane Ventures Ltd$.$ had the following transactions:

Mar. $31$ Paid wages earned by the employees during the month, which amounted to $$32,400.$ The source deductions on these wages were CPP of $$1,766,$ EI of $$510,$ and income taxes of $$4,968.$

Mar. $31$ Recorded the employer's portion of CPP and EI$.$

Apr. $17$ Made the remittance to the government related to the March $31$ payroll.

$($a$)$

Your answer is correct.

Determine the amount of themployees' net wages.

Net wages

eTextbook and Media

List of Accounts

Attempts: $1$ of $3$ used

$($b$)$

Prepare the journal entries necessary to record these transactions. $($Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit