Coronado Consulting inc's gross salaries for the biweekly period ended August 24 were $32.000. Deductions included $1.696
Question:
Coronado Consulting inc's gross salaries for the biweekly period ended August 24 were $32.000. Deductions included $1.696 for CPP $506 for Eland $6.016 for income tax. The employer's payroll costs were $1.696 for CPP and $708 for EL. Prepare journal entries to record (a) the pay owing to employees on August 24: (b) the employer payroll costs on August 24, assuming they will not be remitted to the government until September 15: (c) the payment of net pay to employees on August 31 and (d) the payment to ffe government on September 15 of all amounts owed. (Credit account titles are automatically inderted when the amount is entered Donat indent manually. If no entry is required, select "No Entry for the account fiffles and enter Ofor the amounts Isoldatertebeecet Date Account Titles and Explanation Salaries Expense