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The Following Entry Has Been Made by the Bookkeeper of Walter's

Question 69

Essay

The following entry has been made by the bookkeeper of Walter's Windows:
Salaries Expense 8,000.00\quad 8,000.00
 CPP Payable 200.00 EI Payable 110.00 Medical Plan Payable 80.00 Income Tax Payable 1,000.00 Wages and Salaries Payable 6,610.00\begin{array} { l r } \text { CPP Payable } & 200.00 \\ \text { EI Payable } & 110.00 \\ \text { Medical Plan Payable } & 80.00 \\ \text { Income Tax Payable } & 1,000.00 \\ \text { Wages and Salaries Payable } & 6,610.00 \end{array}
\quad\quad To Record the Payroll
Required:
The amount of the Employee Benefits Expense related to the payroll. Walter's Windows matches its employee's medical plan contribution.

Correct Answer:

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CPP 200.00...

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