Question: Binghams Custom Woodworking withheld CPP contributions of $587.25, EI contributions of $251.65, provincial income taxes of $827.61, and federal income taxes of $1,845.62 from its
Bingham’s Custom Woodworking withheld CPP contributions of $587.25, EI contributions of $251.65, provincial income taxes of $827.61, and federal income taxes of $1,845.62 from its employees’ pay during a recent pay period.
Provide the journal entry to record the remittance of payroll deductions to the Receiver General.
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CPP Payable 58725 58725 117450 EI Payable ... View full answer
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