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:
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| Balance Sheet | Income Statement
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| EI Payable
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| Salaries Expense
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| CPP Payable
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| Employer Benefits Expense
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| Employee Income Tax Payable
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| Salaries Payable
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| 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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