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On June 3, at the end of a pay period, X-cell Inc.'s Payroll Register showed that its 17 employees had earned $19,800 of sales salaries
On June 3, at the end of a pay period, X-cell Inc.'s Payroll Register showed that its 17 employees had earned $19,800 of sales salaries and $4,200 of office salaries. Withholdings from the employees' salaries were to include $451 of EI, $1,075 of CPP, $5,200 of income taxes, $504 of medical insurance, and $181 of union dues. Prepare journal entries to record the following :
June 3 payroll.
X-cell Inc.'s expenses resulting from the June 3 payroll. Assume the employer's EI and CPP contributions are at the rate of 1.4 times and equivalent to the employee's portion, respectively.
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