Compute the employer's payroll benefit expense based on the following totals found on a completed payroll register dated November 15. Gross pay = $41,700.00 • Deductions: Income Tax = $6,650.00; El = $1,251.00; CPP = $2,046.00 Journalize the information from a completed payroll register dated November 15. ●

College Accounting (Book Only): A Career Approach
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Chapter8: Employer Taxes, Payments, And Reports
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Problem 6E: On September 30, Cody Companys selected account balances are as follows: In general journal form,...
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Compute the employer's payroll benefit expense based on the following totals found on a completed payroll register
dated November 15.
Gross pay = $41,700.00
Deductions: Income Tax = $6,650.00; El = $1,251.00; CPP = $2,046.00
Journalize the information from a completed payroll register dated November 15.
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Transcribed Image Text:Compute the employer's payroll benefit expense based on the following totals found on a completed payroll register dated November 15. Gross pay = $41,700.00 Deductions: Income Tax = $6,650.00; El = $1,251.00; CPP = $2,046.00 Journalize the information from a completed payroll register dated November 15. ● ●
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