chap 14 (1) - Protected View - Saved to this PC- Search A Jatir syout References Mailings Review View Help 17) M&D Company has numerous employees who are paid on a monthly basis. Payroll information for August of the current year is given below. Employee compensation $135,000 Union dues 1,150 Charitable contributions 875 Employee CPP contributions 4,320 Employee El contributions 2.336 Emplovee income tax withheld 20,250 Prepare the journal entries to record the August payroll and the payroll benefits expense for M&D Company for August. Also prepare the entries to record the payment of payroll withholdings to the government and other agencies on September 15. Explanations are not required. chap 14 (1) - Protected View - Saved to this PC- Search A Jatir syout References Mailings Review View Help 17) M&D Company has numerous employees who are paid on a monthly basis. Payroll information for August of the current year is given below. Employee compensation $135,000 Union dues 1,150 Charitable contributions 875 Employee CPP contributions 4,320 Employee El contributions 2.336 Emplovee income tax withheld 20,250 Prepare the journal entries to record the August payroll and the payroll benefits expense for M&D Company for August. Also prepare the entries to record the payment of payroll withholdings to the government and other agencies on September 15. Explanations are not required