f11

Question 911 Payroll The payroll records of Lucy's Laces for the month of March, 2020 showed the following amounts for total earnings: sales employees, $8,000, office employees, $5,000. Amounts withheld consisted of employment insurance premiums, $398, Canada Pension Plan $291, and income tax, $2.430. Prepare the general journal entry to record the salary of the employees. Date Accounts Debit Credit Prepare the general journal entries to record the payroll and related expenses. Assume that the employer's rate for employment insurance is 1.4 times the employees premium and that the employer's contribution to Canada Pension Plan is the same as the employees. As discussed in class. Date Accounts Debit Credit