Golden Records has five employees who are paid on the 1st and 15th of each month for the work they performed in the preceding half-month. At November 30, each employee is owed gross pay of $1,750 , but each one must have 10% of their pay withheld for income taxes . Each must also make Canada Pension Plan contributions of 5.1% of their gross pay and pay Employment Insurance premiums of 1.62% of their gross pay. Prepare the payroll journal entries required to reflect these amounts , along with Golden's share of CPP contributions and El premiums , in Golden's November 30 financial statements .

part 1) Prepare the journal entry to record the accrual of the payroll on November 30. (Enter debits first, then credits. Enter explanations on the last line of the journal. Round amounts to the nearest cent.)

part2) Prepare the journal entry record the related employer's liability on November 30. (Enter debits first, then credits. Enter explanations on the last line of the journal. Round amounts to the nearest cent.)

Golden Records have employees who are all on the end 15th of each month for the work they performed in the preceding hall met. At November 30, each employee is awed gross pay of 1.760, but each one mate 10% of the pay withheld for come to Enchmal make Canada Pension Plan contribution of 5.1% of their gross payday loyment once premium of 1.625 of the gross pay Prepare a parlares recured to refect these amounts, along with Golden's share of CPP contributions and Elpums, in Gold's November 30 fristements Prepare the journal entry to cord the accrual of the payroll on November 30. (Enter debits first, then credits. Enter explanations on the last time of the journal. Round amount to the nearest cant) Data Accounts and lixplanation Debit Credit Now Prepare the only to record the roles person on November 20, teret for the credito Enter explanations on the late of them. How to the went) Accounts and planation Det Credit NO