Question
8 ) The payroll register for Rice Company is summarized below for the month of April: ( 15 M ARKS ) Employee Total Salary Tax
8) The payroll register for Rice Company is summarized below for the month of April:
(15 MARKS)
Employee Total SalaryTaxCPPEI Medical Union DuesNet Pay Chq.No
Bob Roberts 3,2504541466128 212,540 514
Robin Case 2,8004331245356 212,113 515
Bailey Tropp 2,4503361074656 211,884 516
Ishma Blumen 2,8003921245356 212,154 517
11,300 1,615501213196 848,691
Rice Company matches its employees contribution to medical plan.
Required:
a. Record the employers payroll expense with proper description.
b. Record the employers payroll deduction liabilities with proper description.
c. Remit source deductions and other deductions with proper description to:
1. Employeess Union, Cheque No. 545 dated May 10.
2. CRA, Cheque No. 550 dated May 15.
3. Provincial Health Care Insurance Co, Cheque No. 565 dated May 20.
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