Answer true or false to the following.

1. The individual earnings record is updated from the general journal.

2. The account distribution columns of the payroll register provide data to say which accounts will be debited to record the total payroll when a journal entry is prepared.

3. CPP Payable is an asset for the employer.

4. Gross pay plus deductions equals net pay.

5. Form TD1 aids in calculating CPP.

6. The employer will match the employees contribution for CPP.

7. Each quarter has 13 weeks.

8. The normal balance of Income Tax Payable is a credit.

9. The Employment Insurance Premiums Table makes it easy to calculate the amount of deductions for EI.

10. There is a maximum for CPP in a given fiscal year