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ABC Inc. is an Accelerated threshold 1 remitter. The statutory deductions withheld from the payroll in June are as follows: On June 1 pay, the
ABC Inc. is an Accelerated threshold 1 remitter. The statutory deductions withheld from the payroll in June are as follows:
On June 1 pay, the employees CPP contributions were $3,658.20 and their EI premiums were $1,295.40.
On June 16 pay, the employees CPP contribution were $4,558.20 and their EI premiums were $2,275.40.
The employer does not have a reduced EI premium rate.
Calculate the CPP and EI to be remitted to the CRA on July 10?
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Accounting And Financial System Reform In Eastern Europe And Asia
Authors: Robert W. McGee, Galina G. Preobragenskaya
2nd Edition
0387257098, 9780387257099
