The following is Hoshi's payroll information on employees' deductions for March: Hoshi pays its employees at the

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The following is Hoshi's payroll information on employees' deductions for March:
Gross Pay CPP 3,366 Income Tax 16,320 Extended Health Insurance 1,360 EI 1,190 68,000

Hoshi pays its employees at the end of each month, and is required to remit employees' deductions and payroll payable to CRA by April 15.
Requirements
1. Record the journal entries for salaries expense and employee benefit expense on March 31.
2. Record the journal entry for the remittance to CRA on April 15.

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Financial Accounting

ISBN: 978-0133375534

2nd Canadian edition

Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad

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