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Record the payroll, payroll deductions, and employer payroll costs given the following information about an Ontario company at March 31: (Click the icon to view
Record the payroll, payroll deductions, and employer payroll costs given the following information about an Ontario company at March 31: (Click the icon to view the payroll information.) Begin by recording the payroll for the period. (Record debits first, then credits. Exclude explanations from General Journal - X Data table Date Accounts Debit Credit Mar 311 Gross pay $ 240,000 28 800 10.900 5500 Employee withheld income tax Employee withheld CPP Employee withheld El Union dues Registered Retirement Savings Plan (RRSP) contribution Pension plan paid by employer only = 10 percent of gross pay 3.720 20.000 Next, record the employer payroll costs. General Journal Date Accounts Debit Credit Print Done Mar 31 Record the payroll, payroll deductions, and employer payroll costs given the following information about an Ontario company at March 31: B2 (Click the icon to view the payroll information.) TER Next, record the employer payroll costs. x General Journal Data table Date Accounts Debit Credit Mar 31 Gross pay $ 240,000 28.800 Employee withheld income tax Employee withheld CPP Employee withheld El 10.900 5,500 The final entry is to record the pension plan expense. Union dues 3,720 20.000 General Journal Registered Retirement Savings Plan (RRSP) contribution Pension plan paid by employer only = 1.0 percent of gross pay Date Accounts Debit Credit Mar 31 Print Done
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