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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.) - X Data Table Begin by recording the payroll for the period. (Record debits first, then credits. Exclude explana General Journal Date Accounts Debit Credit Mar 31 Salaries Expense 300000 Employee Income Tax Payable 136000 Canada Pension Plan Payable 10900 Employment Insurance Payable 55001 RRSP Contribution Payable 20000 Union Dues Payable 4650 Salanes Payable 222950 Gross pay Employee withheld income tax Employee withheld CPP Employee withheld El Union dues Registered Retirement Savings Plan (RRSP) contribution Pension plan paid by employer only = 1.0 percent of gross pay 300,000 36,000 10.900 5,300 4 650 16,000 Print Done Next, record the employer payroll costs General Journal Date Accounts Mar 31 Pension Expense Canada Pension Plan Payable Credit Debit 3000 3000 Choose from any list or enter any number in the input fields and then continue to the next question 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.) TRRSP Contribution Payable 20000 Union Dues Payable 4650 Salaries Payable 222950 Data Table 5 300,000 Next, record the employer payroll costs General Journal Date Accounts Mar 31 Pension Expense Canada Pension Plan Payable Debit Credit 36,000 10.900 v 3000 3000 Gross pay 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 5,300 4,650 16.000 The final entry is to record the pension plan expense General Journal Date Accounts Mar 31 Salaries Expense RRSP Contribution Payable Print Credit Done Debit Choose from any list or enter any number in the input fields and then continue to the next
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