A company's 18 sales personnel earned salaries of $22,000 during the period March 5-10, all...
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A company's 18 sales personnel earned salaries of $22,000 during the period March 5-10, all of which were subject to 4.95 % CPP and 1.66% El. All personnel are entitled to 2 weeks' paid annual vacation. In addition, the company has agreed with its employees to withhold the following amounts: $900 for hospital insurance. $4,400 for federal and provincial income taxes, and $180 for union dues. Prepare the March 10 general journal entry to record the payroll
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