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complete the payroll register above for the two-week period ended February 24, QS AI-7 Payroll journal entry LO2 Games Co. has eight employees, each
complete the payroll register above for the two-week period ended February 24, QS AI-7 Payroll journal entry LO2 Games Co. has eight employees, each of whom earns $3,500 per month. Income taxes are 20% of gross pay and the company deducts EI and CPP. Prepare the March 31, 2018, journal entry to record Games Co.'s salaries expenses for the month. QS Al-11 Recording fringe benefit costs LO4 Games Co. (see QS AI-7) contributes 8% of an employee's salary to a retirement program, pays medical insurance premiums of $60 per employee, and pays vacation allowance equivalent to 5% of the employee's salary. Prepare a journal entry to record the fringe benefit costs for March.
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