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Prepare the journal entry to record remittance of employee

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Reference no: EM132525316

A company has deducted $480 EI, $735CPP and $1,300 income tax from their employees as well as recorded the payroll expenses EI $672 and CPP 735.

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Question 1: Prepare the journal entry to record the remittance of the employee EI CPP and Income tax deductions and employer payroll expenses to the Receiver General for Canada.

Reference no: EM132525316

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