Question 2 (10 marks) C&D Company has numerous employees who are paid on a semi-monthly basis. Payroll information for August of the current year is given below. Employee compensation $175,000 Employee CPP contributions 5,320 Employee El contributions 3,336 Employee income tax withheld 40,250 Prepare (1) the journal entry to record the August payroll (6 marks) and (2) the payroll benefits expense journal for C&D Company for August. (4 Marks) Explanations are not required