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complete the question a) b) and c) The payroll records of Martindale Company's district office provided the following information for the weekly pay period ended
complete the question a) b) and c)
The payroll records of Martindale Company's district office provided the following information for the weekly pay period ended November 27, 2019. All employees are paid 1.5 times their hourly wage for hours worked in excess of 40 hours per week. The company contributes 100% for its share of CPP, and 140% of El. Employee Hours Worked Hourly Rate Income Tax CPP El Union Dues Caron Prosser 46 $15.00 $74 $34 $12 $20 Diane Ferenbach 47 $18.00 $91 $43 $15 $20 Jessie Moore 40 $18.00 $72 $33 $12 $20 Karen Krigner 38 $15.00 $57 $26 $9 $20 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. Payroll Register Deductions Employee Gross Income Tax CPP EI Union Dues Employer's Cost CPP EI Caron Prosser $ $ $ $ S $ Diane Ferenbach $ $ S $ Jessie Moore $ $ S $ $ Karen Krigner $ $ 3 to share Karen Krigner $ Total $ $ b) Prepare the payroll journal entries for November 27, 2019, assuming they will be paid later. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Nov 27 . Record payroll 8 Daily Jot 10+ new Canada Nov 27 Mail. Gmall Set lag Record additional employer expenses o ere to search POINT . . Record payroll Nov 27 . 4 Record additional employer expenses c) Prepare a journal entry to record the cash payment of the payroll liabilities due to the CRA on December 15, 2019. Date Account Title and Explanation Debit Credit 2019 Dec 15 4 . . The payroll records of Martindale Company's district office provided the following information for the weekly pay period ended November 27, 2019. All employees are paid 1.5 times their hourly wage for hours worked in excess of 40 hours per week. The company contributes 100% for its share of CPP, and 140% of El. Employee Hours Worked Hourly Rate Income Tax CPP El Union Dues Caron Prosser 46 $15.00 $74 $34 $12 $20 Diane Ferenbach 47 $18.00 $91 $43 $15 $20 Jessie Moore 40 $18.00 $72 $33 $12 $20 Karen Krigner 38 $15.00 $57 $26 $9 $20 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. Payroll Register Deductions Employee Gross Income Tax CPP EI Union Dues Employer's Cost CPP EI Caron Prosser $ $ $ $ S $ Diane Ferenbach $ $ S $ Jessie Moore $ $ S $ $ Karen Krigner $ $ 3 to share Karen Krigner $ Total $ $ b) Prepare the payroll journal entries for November 27, 2019, assuming they will be paid later. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Nov 27 . Record payroll 8 Daily Jot 10+ new Canada Nov 27 Mail. Gmall Set lag Record additional employer expenses o ere to search POINT . . Record payroll Nov 27 . 4 Record additional employer expenses c) Prepare a journal entry to record the cash payment of the payroll liabilities due to the CRA on December 15, 2019. Date Account Title and Explanation Debit Credit 2019 Dec 15 4Step by Step Solution
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