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Trax Ltd. has six emplogees, each of whom earns $3,000 per month. Income taxes are 20% of gross pay and the company deducts EI and

Trax Ltd. has six emplogees, each of whom earns $3,000 per month. Income taxes are 20% of gross pay and the company deducts EI and CPP. Prepare the March 31 journal entry to record payroll for the month.

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