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8. Daytona Company has three employees who are paid on an hourly basis, plus time and one half for hours in excess of 44



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8. Daytona Company has three employees who are paid on an hourly basis, plus time and one half for hours in excess of 44 hours per week. Payroll information for the week ending July 14, 2019 is listed below. Employee Hours Worked Hourly Rate Income Tax CPP El Union Dues J. Michelle 41 $16.70 $68.47 $31.49 $11.09 $30.00 A. Knopf 41 $17.40 $71.34 $32.95 $11.56 $30.00 D.House 40 $14.50 $58.00 $26.15 $9.40 $30.00 Round your answers to 2 decimal places. a) Calculate gross pay for each employee and the amount the employer will have to pay for CPP and El. Employee Employer CPP Gross Employer El J. Michelle $Answerl $Answer $Answerl A. Knopf $Answer $Answerl $Answerl D.House $Answer $Answerl $Answerl Total $Answer $Answerl $Answerl b) Prepare the journal entries for the July 14 payroll and the employer's portion of payroll. Employees will not be paid until next week. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Account Title and Explanation Date 2019 Jul 14 Answer Answer Answer Answer Answerl Answerl Record payroll Jul 14 Answerl Answer Answer Record additional employer expenses Debit Credit Answer Answer Answer Answerl Answer Answerl Answer Answer Answer

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