hent 6 - Appendix 1 Saved Help Save & Exit Submit A company has three employees, each of whom has been employed since January 1, earns $2.800 per month, and is paid on the last day of each month. On March 1, the following accounts and balances appeared in its ledger a. Employees' Income Taxes Payable, $1083.94 liability for February b. El Payable, $334,66 (liability for February C. CPP Payable, $74498 liability for February). d. Employees' Medical Insurance Payable, $1,640.00 (liability for January and February During March and April, the company completed the following related to payroll sta Mar. 17 Issued cheque #320 payable to the Receiver General for Canada. The cheque was in payment of the February employee income taxes, El, and CPP amounts due. Mar. 31 Prepared a general journal entry to record the March payroll register, which had the following column total ET $139.44 Income Taxes $1,083.94 CPP $372.49 Medical Insurance $410.ee Total Deductions $2,095.87 Net Pay $6,394.13 Office Salaries Shop Salaries $2,500.00 35, see. Mar 31 Recorded the employer's $410 00 liability for its 50% contribution to the medical insurance plan of employees and 6 vacation pay accrued to the employees Mar 31 Prepared a general journal entry to record the employer's costs resulting from the March payroll Apr 17 issued cheque #415 payable to the Receiver General for Canada in payment of the March mandatory deductions Apr 17 issued cheque #416 payable to All Canadian Insurance Company in payment of the employee medical insurance premiums for the first quarter. Prev 1 of 9 Next > 206 PM Required: Prepare the entries to record the transactions. (Round your answers to 2 decimal places. Do not round intermediate calculations.) View transaction list Journal entry worksheet 1 2 51.00 3 5 6 > ed Record the remittance of payroll liabilities to the Receiver General for Canada Note: Enter debits before credits Date General Journal Debit Credit Mar 17 Prey 1 of 9 !!! Next > 208 PM w E Search