Question: Question 2 Tim's gross payroll for the work week ending January 14 was $210,000. The company deducted $10,472 for CPP, $7,034 for EI, and $28,300
Question 2 Tim's gross payroll for the work week ending January 14 was $210,000. The company deducted $10,472 for CPP, $7,034 for EI, and $28,300 for income tax from the employees' pay. Chen's payroll costs for the week were $10,472 for CPP and $9,848 for EI. Required Prepare the journal entries to record the above transactions. Explanations are not required. DATE ACCOUNT DEBIT CREDIT
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