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Current Attempt in Progress Flint Enterprises' payroll for the month of March, 2020 is shown below. Salaries and Wages for the month of March 2020
Current Attempt in Progress Flint Enterprises' payroll for the month of March, 2020 is shown below. Salaries and Wages for the month of March 2020 Income Taxes withheld from employees El withheld from employees CPP withheld from employees Union dues withheld from employees $ 232,000 51,356 1.66% 4.95% 22,673 Prepare the journal entries for the employee and employer portion related to payroll costs. Also, prepare the journal entries to record the remittance of the March payroll deductions to the Receiver General for Canada and to the union. (Hint: The employer's CPP share is the same as the employee's share, and the employer's El share is 1.4 times that of the employee.) (Round answer too decimal places, eg. 5,275. 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 for the amounts.) Account Titles and Explanation Debit Credit (To record the salaries and wages paid and the employee payroll deductions) (To record the salaries and wages paid and the employee payroll deductions) (To record employer contributions) (To record remittance) (To record remittance)
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