Question: The payroll register of Westward Construction Co indicates 3 464 of
The payroll register of Westward Construction Co. indicates $3,464 of CPP contributions and $862 of EI contributions withheld on total salaries of $73,000 for the period. Income taxes for the period included provincial tax of $2,418 and federal tax of $5,020. Provide the journal entry to record the employer’s payroll deductions liability for the period.
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