Question: The chart below summarizes the payroll data for Spinster's Records, for the week ending Friday, February 3, 2023. The employees are paid on a

The chart below summarizes the payroll data for Spinster's Records, for the 

The chart below summarizes the payroll data for Spinster's Records, for the week ending Friday, February 3, 2023. The employees are paid on a weekly basis. Review the data and complete the following in the journal pages that follow: 1. Today is Feb 4, and the employees are paid today. Record the payroll for the week ending Feb 3. 2. On Feb 5, record Spinster's payroll taxes for the period. 3. On Feb 6, record Spinster's remittance of their payroll liabilities. Employee Bhatt, A Dean, J Finn, T Hourly Hours Worked Wage $22.05 35 29 23.85 22.25 37 CPP $41.90 37.15 44.98 $13.05 11.27 13.42 Income Tax $94.51 76.03 103.27 RRSP $60.00 40.00 75.00

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Journal Entry for Feb 4 Debit Wages Expense 449318 Credit CPP Payable 24185 Credit Income Tax Payabl... View full answer

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