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1a. Calculate the employee's net pay on January 15, 2020 Gross Pay $5000 Income Taxes $750 Canada Pension Plan (CPP) $62 Employment Insurance (EI) $14
1a. Calculate the employee's net pay on January 15, 2020 Gross Pay $5000 Income Taxes $750 Canada Pension Plan (CPP) $62 Employment Insurance (EI) $14 1b. Create the journal entry for the employee's pay on January 15, 2020. Assume that it is paid out immediately to the employee. 10. Assume the employer contributes 100% to CPP and 150% for El, determine the employer's total expense. 1d. Create the journal entry for employer's expense on January
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