Question: Indicate using an 'X' which financial statement would report the following payroll related accounts: Balance Sheet Income Statement EI Payable Salaries Expense CPP Payable Employer

Indicate using an 'X' which financial statement would report the following payroll related accounts:

Balance Sheet

Income Statement

EI Payable

Salaries Expense

CPP Payable

Employer Benefits Expense

Employee Income Tax Payable

Salaries Payable

If net pay was $4,750 and CPP was $350, EI was $125, and income tax $500. What would be the employer's total payroll expense (including employer's benefit expense) assuming they match CPP 100% and EI 140%?

Answer: __________________________________

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