Each time a payroll is recorded, a General Journal entry should also be made to record the employer's CPP and EI amounts payable.

Name: Each time a payroll is recorded, a General Journal entry should also be made to record the employer's CPP and EI amounts payable.
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Quizplus · Accepted Answer

This is true as the employer's CPP and EI amounts payable are liabilities that need to be recorded in the General Journal along with the payroll expenses.

Each Time a Payroll Is Recorded, a General Journal Entry