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This pay period we deducted $ 8 0 . 0 0 for RRSP and $ 1 6 1 . 0 0 for CPP from Mike.

This pay period we deducted $80.00 for RRSP and $161.00 for CPP from Mike. Explain what do we record these deduction as ?(assets, liability, equity, revenue, expense) and why?

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