EOC Assignment 4: Chapter 10 Question 4 of 5 -1 View Policies...

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Accounting

EOC Assignment 4: Chapter 10
Question 4 of 5
-1
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Teal Mountain Company's gross pay for the week ended August 22 totalled $75,000, from which $4,08 was deducted for CPP, $1,185 for El, and $19,860 for income tax.
Prepare the entry to record the employer payroll costs, assuming these will not be paid until September. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Round answers to 0 decimal places, e.g.1,575.)
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List of Accounts
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