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Martinez Industries had a total bi - weekly payroll of $ 4 8 , 0 0 0 . The entire payroll was subject to CPP
Martinez Industries had a total biweekly payroll of $ The entire payroll was subject to CPP EI and income tax
withholdings of $ Union dues of $ were also withheld.
a
Your answer is correct.
Prepare the journal entries on Martinez's books to record the wages and salaries paid and the payroll deductions. Round answer to
decimal places, eg Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all
debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter O for the amounts.
Account Titles and Explanation
Credit
Salaries and Wages Expense
CPP Contributions Payable
El Premiums Payable
Employee Income Tax Deductions Payable
Union Dues Payable Your answer is correct.
Prepare the journal entries on Martinez's books to record the employer payroll contributions. Round answer to decimal places,
eg Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries
before credit entries. If no entry is required, select No Entry" for the account titles and enter O for the amounts.
Account Titles and Explanation
Debit
Credit
Payroll Tax Expense
CPP Contributions Payable
El Premiums Payable
eTextbook and Media
List of Accounts Your answer is partially correct.
Prepare the journal entries on Martinez's books to record the remittance to the Receiver General for Canada for the above
described payroll. Round answer to decimal places, eg Credit account titles are automatically indented when the amount is
entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and
enter for the amounts.
Account Titles and Explanation
Debit
Cmiums Payable
CPP Contributions Payable
Cash
eTextbook and Media
eTextbook
Please provide the ANSWERS for the THIRD photo. Employee income tax deduction payable, EI premiums payable, CPP contribution Payable, Cash
Thanks
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