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Sweet Industries had a total bi-weekly payroll of $25,200. The entire payroll was subject to CPP (4.95 %). El (1.66 %), and income tax withholdings

Sweet Industries had a total bi-weekly payroll of $25,200. The entire payroll was subject to CPP (4.95 %). El (1.66 %), and income tax withholdings of $3,326. Union dues of $315 were also withheld. Your answer is partially correct. Prepare the journal entries on Sweet's books to record the wages and salaries paid and the employee payroll deductions. (Round answer to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Salaries and Wages Expense CPP Contributions Payable El Premiums Payable Income Tax Payable Union Dues Payable Cash Debit 25200 Credit 1247.4 418.32 3326 315 19893.28 Your answer is partially correct. Prepare the journal entries on Sweet's books to record the employer payroll contributions. (Round answer to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Payroll Tax Expense CPP Contributions Payable Debit 1665.72 Credit 1247.4 El Premiums Payable (To record employer contributions) 418.32 Prepare the journal entries on Sweet's books to record the remittance to the Receiver General for Canada for the above- described payroll. (Round answer to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Income Tax Payable CPP Contributions Payable El Premiums Payable Cash Debit 418.32 2494.8 836.64 Credit 3749.76

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