Blossom Companys gross pay for the week ended August 22 totalled $70,500, from which $3,430...
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Blossom Companys gross pay for the week ended August 22 totalled $70,500, from which $3,430 was deducted for CPP, $1,290 for EI, and $19,410 for income tax. Prepare the entry to record the employer payroll costs, assuming these will not be paid until September. 
answers to o decimal places, e.g. 1,575.) Date Account Titles and Explanation Debit Credit Aug. 22 TSalaries Expense 70500 CPP Payable 1290 El Payable (To record employer payroll costs.) 19410
Blossom Companys gross pay for the week ended August 22 totalled $70,500, from which $3,430 was deducted for CPP, $1,290 for EI, and $19,410 for income tax.
Prepare the entry to record the employer payroll costs, assuming these will not be paid until September.
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