TMZ Company had the below payroll data for the monthly pay period ended on June 30,2022. Total gross payroll amounted to $448,000. The following deductions were withheld from the employees' salaries and wages:

Federal and provincial income taxes............................................... $125,000

CPP.................................................................................................. 22,000

EI...................................................................................................... 8,000

Union dues....................................................................................... 5,000

Charitable donations........................................................................ 2,000

TMZ contributes 3% of its gross payroll to workers compensation. Vacation pay is 4% of its gross payroll.

Instructions:

Prepare the necessary journal entries to record the employees' monthly payroll and the employer's benefits expense related to the monthly payroll on June 30, 2022.