a. Into which type of account are employer's payroll contributions entered? i. Asset ii. Expense iii. Revenue iv. Retained Earnings b. What type of account is the Employee Advances account? i. Asset ii. Liability iii. Equity iv. Expense c. What is the employer premium amount for Employment Insurance? i. 3.3 times the employee premium ii. The same amount as the employee premium iii. 1.4 times the employee premium iv. None of the above d. What is the employer contribution amount for Canada Pension Plan (CPP)? i. The same as amount as the employee's premium ii. 3.3 times the employee's premium iii. 1.2 times the employee's premium iv. 1.6% of the employee's premium e. The payroll taxes are remitted to the i. Ontario Revenue Agency ii. Ministry of Finance iii. Canada Revenue Agency iv. Receiver General of Canada Question 2 - A new employee has started working with you, and you are training them to use the payroll module in QuickBooks Online. Outline the steps for entering an employee's wages and/or salary in QuickBooks Online. (10 Marks) Answer: Question 3 - Explain how to calculate and enter employees' commission in QuickBooks Online. (10 Marks) Answer: Question 4 - What is the TD1 form? Explain its purpose