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Zerbe Consulting Inc.s gross salaries for the biweekly period ended August 24 were $15,800. Deductions included $707 for CPP, $297 for EI, and $6,044 for
Zerbe Consulting Inc.s gross salaries for the biweekly period ended August 24 were $15,800. Deductions included $707 for CPP, $297 for EI, and $6,044 for income tax. The employer's payroll costs were $707 for CPP and $416 for EI. Prepare journal entries to record (a) the payment of salaries on August 24; (b) the employer payroll costs on August 24, assuming they will not be remitted to the government until September; and (c) the payment to the government on September 3 of all amounts owed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (c) Sept. 3
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