Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer the following question? register and P9-4C. The payroll clerk for the Marlin Company of Armstrong assembled the entry ing data for the company's five

answer the following question?

image text in transcribed
register and P9-4C. The payroll clerk for the Marlin Company of Armstrong assembled the entry ing data for the company's five employees before suddenly becoming gu you have been approached to complete the payroll register so that the chip with receive their cheques in a timely fashion. You must (al complete the pool register for the week ending October 20 and (bj prepare the entry nereggs record the payroll. Hours in excess of 40 in any given week are paid at ure. a-half. Calculate tax at 25% per employee, and manually calculate CPP and 4.95 % and 1.89%, respectively. Remember to consider the $3,500 exempt calculating CPP. CPP A COATWTFS Rare Dept. Laylow Fred Mora 2 - 8 5 10 12 5 5 24.003 Sales 52,498.02 Pat Samue's - 7 10 7 5 20.10 Sales 1,084.50 Emilia Leung 7 8 D 6 6 14.50 Admin. 692.30 Keith Jones 16.00 Admin. 727.40 David Jarvic* 8 8 8 1,400.00 Mer. 2,544.30 "Wedky edary, an courtine, This canplover las already carned $58,800 so far this year. oblem- P9-5C. Comet Engineering of Delta is a consulting firm that employs four profes sional sraff, two casual clerks, and you as office manager (accountant). Even except the clerks is paid a weekly salary. The clerks are paid an hourly max not receive time-and-a half for hours worked in excess of 8 per day or 40 pig week. Using the information below, complete the payroll register for the weak ending August 20, and make the necessary entry to record the payroll for time week. Daily hours for the clerks are shown at the end. Calculate tax at 20% 3. employee, and manually calculate CPP and E.I at 4.95% and 1.88%, respecinch Remember to consider the $3,500 exemption in calculating CPP and consite the maximum amounts. Ruff st CPP : Chy Ins. Disub. Afed. Donations Duty Donna Alvarez 3 $1,540.00 $19 532 $36.00 $25.00 52,54430 57- Juan Kemp 1,490,00 12 28 John. Harper 36.On 25,00 1,200.00 2,544.30 575 10 24 Tim Culver 18.0n 1,340.00 18,00 1,430.72 575 25 May Silver 36.00 18.00 084.37 57 18.00 Joe Polemko 18.00 645.23 578 15.00 Yourself 36.00 1,020.84 579 875.00 5.00 6 18 18.00 5.00 823.65 580 Hourly employees worked: May Silver Total Joe Polemko 8 F 8 10 10 8 48 12 8 43 Hourly workers receive time-and-a-half rate for more than 40 hours in a week of more than 8 hours in any given day, Two of the employees (Donna Alvarez " Joan Kemp; reached the EI maximum the last pay period

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Financial Accounting

Authors: Christopher D. Burnley

2nd Canadian Edition

1119406927, 978-1119406921

More Books

Students also viewed these Accounting questions

Question

Food supply

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago