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On May 15, Concord pays the Receiver General the correct amounts for April's payroll. Prepare a journal entry to record this remittance. (Credit account

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On May 15, Concord pays the Receiver General the correct amounts for April's payroll. Prepare a journal entry to record this remittance. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation May 15 El Payable CPP Payable Income Tax Payable Cash (To record remittance of payroll deductions.) Debit Credit 16149

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