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Prepare the journal entry to record Pina Colada payroll

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Question - Hawaeii Inc.'s weekly payroll of $21,000 included employee income taxes withheld of $2,982, Canada Pension Plan (CPP) withheld of $904, and Employment Insurance (EI) withheld of $420. Assume now that the employer is required to match every dollar of the CPP contributions of its employees and to contribute 1.4 times the EI withholdings. Prepare the journal entry to record Pina Colada's payroll-related expenses.

Reference no: EM132933242

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