Question
A Company has the following earnings records and uses a monthly pay frequency: Employee Year-To-Date October 31 Payment due on November 30 Payment due on
A Company has the following earnings records and uses a monthly pay frequency:
Employee Year-To-Date October 31 Payment due on November 30 Payment due on December 31
B. Nguyen $42,670 $1,000 $4,000
A. Connor $44,130 $6,000 $5,000
P. Singh $52,780 $5,000 $3,000
K. Black $59,400 $7,000 $2,000
Required:
Calculate CPP & EI deductions applicable to each employee, for the months of November & December.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
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