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Sally's Bakeware's gross payroll for April was $125,000. The company deducted $6,563 for CPP, $1,975 for El, and $25,075 for income tax from the employees'

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Sally's Bakeware's gross payroll for April was $125,000. The company deducted $6,563 for CPP, $1,975 for El, and $25,075 for income tax from the employees' pay. Sally's payroll costs for the period also included $6,563 for CPP and $2,765 for El. The April payroll was actually paid to employees on May 2nd. Source deductions to the CRA were remitted on May 25th Required: Prepare the journal entries to record the above transactions. Explanations are not required. DATE ACCOUNT DEBIT CREDIT

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