EOC Assignment $4$: Chapter $10$

Question $4$ of $5$

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Teal Mountain Company's gross pay for the week ended August $22$ totalled $$75,000,$ from which $$4,08$ was deducted for CPP$,$ $$1,185$ for $El,$ and $$19,860$ for income tax.

Prepare the entry to record the employer payroll costs, assuming these will not be paid until September. $($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. Round answers to $0$ decimal places, e$.$g$.1,575.)$

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List of Accounts