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pls solve it asap Question 7 [10 points] On May 5, at the end of a pay period, Oppong Corporation's Payroll Register showed that its
pls solve it asap
Question 7 [10 points] On May 5, at the end of a pay period, Oppong Corporation's Payroll Register showed that its 29 employees had earned $16,200 of sales salaries and $7,400 of office salaries. Withholdings from the employee salaries were to include $444 of EI, $976 of CPP, $4,304 of income taxes, $521 of medical insurance, and $141 of union dues. Prepare journal entries to record the following: a. May 5 payroll. b. Oppong Corporation's expenses resulting from the May 5 payroll. Assume the employer's El and CPP contributions are at the rate of 1.4 times and equivalent to the employee's portion, respectively. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). General Journal Page Gj1 Date Account/Explanation F Debit Credit + +Step by Step Solution
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