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The Payroll Records of Jasper Co

Question 31

Essay

The payroll records of Jasper Co. provide the following data for the weekly pay period ended March 7.
The payroll records of Jasper Co. provide the following data for the weekly pay period ended March 7. CPP is 4.95% and EI is 1.66%. 1) Prepare the general journal entry to accrue the payroll on March 7. 2) Prepare the general journal entry to record the payroll tax expense for March 7. CPP is 4.95% and EI is 1.66%.
1) Prepare the general journal entry to accrue the payroll on March 7.
2) Prepare the general journal entry to record the payroll tax expense for March 7.

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