Question: Problems Pebble Corp. is processing their payroll for August 2020. Total payroll is $14,500 and had the following deductions: $761 $242 CPP EI Income tax
Problems Pebble Corp. is processing their payroll for August 2020. Total payroll is $14,500 and had the following deductions: $761 $242 CPP EI Income tax Health insurance Pension plan $4,920 $425 $290 Pebble remits their payroll deductions, health insurance premiums, and pension plan payments monthly Required: 1. Prepare the monthly payroll journal entry. 2. Prepare the journal entries to remit deductions to the appropriate parties
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