11-13 1) 1155 gross pay (21*40)+(21*1.5*10) per hour rate=840/40 21.00 Gross pay G Income tax (G*20%) CPP (G*4.95%) EI( G*1.88%) Net pay 1155 231 57.17 21.71 845.11 11-14 CPP (G*4.95%) EI( G*1.88%*1.4) Pension expenses payable (5%*1155) BC health insurance payable (60/4) Disability Insurance payable (8/4) Employer payroll expenses A gross pay of employees B Total expenses including wages A+B 57.17 30.40 57.75 15.00 2.00 162.32 1155 1317.32 Accounts Title Dr Cr Date 11-15 a) $1,155 Salaries & wages expenses Income Tax payable CPP payable El payable Salaries & wages payable (being salaries & wages recorded) S231.00 $57.17 $21.71 $845.11 74.75 Benefit expenses Pension expenses payable (5%*1155) BC health insurance payable (60/4) Disability Insurance payable (8/4) 57.75 15.00 2.00 87.57 Payroll Tax expenses CPP payable El payable $57.17 $30.40