Reference no: EM132944324

Matyas Company completed the salary and wage payroll for April of the current year. The payroll provided the following details:

Salaries and wages earned $251,000
Employee income taxes withheld 68,500
CPP contributions* 15,600
EI contributions† 7,000
Union dues withheld 3,900
Insurance premiums withheld 1,900

*$15,600 each for employer and employees.

Employment Insurance, employees' share.

Required:

Problem 1. Prepare the journal entry to record the payroll for April, including employee deductions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Problem 2. Prepare the journal entry to record the employer's additional payroll expenses. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Problem 3. Prepare a combined journal entry to show the payment of amounts owed to governmental agencies and other organizations. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Problem 4. What was the total compensation expense for the company?