Mike 's Shipbuilding Ltd show the following information for the weekly payroll for the week ending Saturday, April 1 2021 Gross pay Income taxes Union Dues EI Medical Insurance CPP Pension Net Pay 2,726 88 362 80 50 00 37 05 100 00 46 83 The company matches the employees ' deductions for medical in...

A Salary Account Debit 20211248 To A ...

Mike's Shipbuilding Ltd. show the following information for the weekly payroll for the week ending Saturday, April

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Mike's Shipbuilding Ltd. show the following information for the weekly payroll for the week ending Saturday, April 1. 2021.

Gross pay	Income taxes	Union Dues	EI	Medical Insurance	CPP	Pension	Net Pay
2,726.88	362.80	50.00	37.05	100.00	46.83	?	?

The company matches the employees' deductions for medical insurance. The company also matches employee
deductions to a pension plan. Employee deductions for pension are 4% of gross pay.

A. Prepare Mike's Shipbuilding's general journal entry to record the payroll.
B. Prepare the journal entry on April 25th to record the employer's payment to the Receiver General of Canada (CRA) for the government remittances.

Explanation NOT required.

Posted Date: Dec 13, 2021 08:29 AM

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Mike's Shipbuilding Ltd. show the following information for the weekly payroll for the week ending Saturday, April

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