Assume that Joyce Wu is a marketing director in Millennium Mobility's head office in Edmanton. (Click the icon to view the payroll information.) 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. 2. Corripute Millenniurri Mobility's total 2018 payroll cost for Wu. 3. Prepare Millennium Mobility's summary general journal entries at July 31(explanations are not required) to record its expense for the following: a. Wu's total earnings for the year, her payroll deductions, and her net pay, Debit Salary Expense and Executive Bonus Compensation as appropriate. Credit liability accounts for payroll deductions and Cash for net pay. b. Employer payroll expenses for Wu. Credit the appropriate liability accounts. c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. i Payroll Information Requirement 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. (Round all amounts to the nearest cent.) Total gross pay Less: Bonus CPP Chantable donations Total de Life insurance Salary earnings Net pay Withheld income tax Requirement 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. (Round all amounts to the nearest cent.) During 2018, she worked for the company all year at a $6,500 monthly salary. She also earned a year-end bonus equal to 20 percent of her salary, Wu's monthly income tax withholding for 2018 was $1,800.00. Also, she paid a one-time federal withholding tax of $4.030.00 on her bonus cheque. She paid S311.00 per month toward the CPP until the maximum of ($2,593.80) had been withheld. In addition, Wu's employer deducted $107.00 for El until the maximum ($858.22) had been withheld. Wu authorized the following deductions: 1.5 percent per month of her monthly pay to Millennium's charitable donation fund and $70 per month for life insurance. Millennium Mobility incurred CPP expense equal to the amount deducted from Wu's pay. El cost the company 1.4 times the amount deducted from Wu's pay. In addition, the company provided Wu with the following benefits: dental and drug insurance at a cost of $65 per month, and pension benefits to be paid to Wu upon retirement. The pension contribution is based on her income and was $5,700 in 2018 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Assume that Joyce Wu is a marketing director in Millennium Mobility's head office in Edmanton. (Click the icon to view the payroll information.) 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. 3. Prepare Millennium Mobility's summary general journal entries at July 31(explanations are not required) to record its expense for the following: a. Wu's total earnings for the year, her payroll deductions, and her net pay. Debit Salary Expense and Executive Bonus Compensation as appropriate. Credit liability accounts for payroll deductions and Cash for net pay. b. Employer payroll expenses for Wu. Credit the appropriateliability accounts, c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. Net pay Requirement 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. (Round all amounts to the nearest cent.) Employer payroll expenses: Benefits: CPP F EI al journal entries at July 31 (explanations are not required) to record its expenses. a Gross pay her nel pay, Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. (l Health insurance for employee im journal entries. Round all amounts to the nearest cent.) Pension benefits for employee Choose from any list or enter any number in the input fields and then continue to the next question ? Requirement 3. Prepare Millennium Capital's summary general journal entries at July 31 (explanations are not required) to record its expenses. a. Wu's total earnings for the year, her payroll deductions, and her net pay. Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. (Record debits first, then credits. Exclude explanations from journal entries. Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 c. Benefits provided to Wu Credit Health Insurance Pavable and Company Pension Payable. urnal entries at July 31 (explanations are not required) to record its expenses. net pay. Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. urnal entries. Round all amounts to the nearest cent.) Debit Credit Requirement: CPP Expense a. Wu's total ec CPP Payable (Record debit: Cash Charitable Donations Payable Company Pension Payable Date Employee Benefits Expense Jul. 31 Employee Income Tax Payable Employee Life Insurance Payable El Expense El Payable Executive Bonus Compensation Health Insurance Expense for Employees Health Insurance Payable Pension Expense Salary Expense Choose from any list or enter any number in the input fields and then continue to the next question. ? b. Employer payroll expenses for Wu. Credit the appropriate liability accounts. (Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. (Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 Choose from any list or enter any number in the input fields and then continue to the next question. c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. b. Employer pa nts. (Round all amounts to the nearest cent.) CPP Expense CPP Payable Date Debit Credit Cash Jul. 31 c. Benefits pro Pension Payable. (Round all amounts to the nearest cent.) Charitable Donations Payable Company Pension Payable Employee Benefits Expense Employee Income Tax Payable Employee Life Insurance Payable El Expense El Payable Executive Bonus Compensation Health Insurance Expense for Employees Health Insurance Payable Pension Expense Salary Expense Date Debit Credit Jul. 31 Choose from any list or enter any number in the input fields and then continue to the next question. ? Assume that Joyce Wu is a marketing director in Millennium Mobility's head office in Edmanton. (Click the icon to view the payroll information.) 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. 2. Corripute Millenniurri Mobility's total 2018 payroll cost for Wu. 3. Prepare Millennium Mobility's summary general journal entries at July 31(explanations are not required) to record its expense for the following: a. Wu's total earnings for the year, her payroll deductions, and her net pay, Debit Salary Expense and Executive Bonus Compensation as appropriate. Credit liability accounts for payroll deductions and Cash for net pay. b. Employer payroll expenses for Wu. Credit the appropriate liability accounts. c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. i Payroll Information Requirement 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. (Round all amounts to the nearest cent.) Total gross pay Less: Bonus CPP Chantable donations Total de Life insurance Salary earnings Net pay Withheld income tax Requirement 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. (Round all amounts to the nearest cent.) During 2018, she worked for the company all year at a $6,500 monthly salary. She also earned a year-end bonus equal to 20 percent of her salary, Wu's monthly income tax withholding for 2018 was $1,800.00. Also, she paid a one-time federal withholding tax of $4.030.00 on her bonus cheque. She paid S311.00 per month toward the CPP until the maximum of ($2,593.80) had been withheld. In addition, Wu's employer deducted $107.00 for El until the maximum ($858.22) had been withheld. Wu authorized the following deductions: 1.5 percent per month of her monthly pay to Millennium's charitable donation fund and $70 per month for life insurance. Millennium Mobility incurred CPP expense equal to the amount deducted from Wu's pay. El cost the company 1.4 times the amount deducted from Wu's pay. In addition, the company provided Wu with the following benefits: dental and drug insurance at a cost of $65 per month, and pension benefits to be paid to Wu upon retirement. The pension contribution is based on her income and was $5,700 in 2018 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Assume that Joyce Wu is a marketing director in Millennium Mobility's head office in Edmanton. (Click the icon to view the payroll information.) 1. Compute Wu's gross pay, payroll deductions, and net pay for the full year 2018. 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. 3. Prepare Millennium Mobility's summary general journal entries at July 31(explanations are not required) to record its expense for the following: a. Wu's total earnings for the year, her payroll deductions, and her net pay. Debit Salary Expense and Executive Bonus Compensation as appropriate. Credit liability accounts for payroll deductions and Cash for net pay. b. Employer payroll expenses for Wu. Credit the appropriateliability accounts, c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. Net pay Requirement 2. Compute Millennium Mobility's total 2018 payroll cost for Wu. (Round all amounts to the nearest cent.) Employer payroll expenses: Benefits: CPP F EI al journal entries at July 31 (explanations are not required) to record its expenses. a Gross pay her nel pay, Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. (l Health insurance for employee im journal entries. Round all amounts to the nearest cent.) Pension benefits for employee Choose from any list or enter any number in the input fields and then continue to the next question ? Requirement 3. Prepare Millennium Capital's summary general journal entries at July 31 (explanations are not required) to record its expenses. a. Wu's total earnings for the year, her payroll deductions, and her net pay. Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. (Record debits first, then credits. Exclude explanations from journal entries. Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 c. Benefits provided to Wu Credit Health Insurance Pavable and Company Pension Payable. urnal entries at July 31 (explanations are not required) to record its expenses. net pay. Debit Salary Expense and Executive Bonus Expense as appropriate for salary and bonus. Credit liability accounts for the payroll deductions and Cash for net pay. urnal entries. Round all amounts to the nearest cent.) Debit Credit Requirement: CPP Expense a. Wu's total ec CPP Payable (Record debit: Cash Charitable Donations Payable Company Pension Payable Date Employee Benefits Expense Jul. 31 Employee Income Tax Payable Employee Life Insurance Payable El Expense El Payable Executive Bonus Compensation Health Insurance Expense for Employees Health Insurance Payable Pension Expense Salary Expense Choose from any list or enter any number in the input fields and then continue to the next question. ? b. Employer payroll expenses for Wu. Credit the appropriate liability accounts. (Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. (Round all amounts to the nearest cent.) General Journal Date Accounts Debit Credit Jul. 31 Choose from any list or enter any number in the input fields and then continue to the next question. c. Benefits provided to Wu. Credit Health Insurance Payable and Company Pension Payable. b. Employer pa nts. (Round all amounts to the nearest cent.) CPP Expense CPP Payable Date Debit Credit Cash Jul. 31 c. Benefits pro Pension Payable. (Round all amounts to the nearest cent.) Charitable Donations Payable Company Pension Payable Employee Benefits Expense Employee Income Tax Payable Employee Life Insurance Payable El Expense El Payable Executive Bonus Compensation Health Insurance Expense for Employees Health Insurance Payable Pension Expense Salary Expense Date Debit Credit Jul. 31 Choose from any list or enter any number in the input fields and then continue to the next