Royal Plumbing Company reports the following summary payroll data for the year ended October 31, 2020:

Gross Pay:

Administrative salaries $ 260,000

Plumber’s wages 530,000

Total Gross Pay $ 790,000

Deductions:

CPP contributions $ 22,644

Income taxes 154,296

EI contributions 18,372

United Way contributions 10,122

Long-term disability insurance 1,672

Company pension plan 22,500

Total Deductions $229,606

Royal Plumbing Company's payroll costs include: CPP, EI, and Workers' Compensation and Vacation Pay.

The cost for Workers’ Compensation is $14,000 for the current year. Vacation Pay is 4% of the gross pay for the current year.

In addition, the company matches the employees' contributions to the long-term disability insurance plan and the company pension plan.

Instructions:

(a) Prepare a summary journal entry record the full year's payroll on October 31, 2020 .

(b) Prepare the journal entry to record the employer’s benefits expense related to the full year’s payroll on October 31, 2020.