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Comprehensive problem: completing payroll requirements 0 (120 min) P11-5C. This comprehensive problem will aid in putting the pieces of payroll together. In this project, you

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Comprehensive problem: completing payroll requirements 0 (120 min) P11-5C. This comprehensive problem will aid in putting the pieces of payroll together. In this project, you are the bookkeeper and will have the responsibility of recording payroll in the payroll register, paying the payroll, recording the employer's tax responsibilities, and making payment according to the CRA's requirements, Pete's Market, owned by Pete Reel, is located at 33 Riel Drive, Your Town, Ontario, M5W 2A4. His business number is 123456789 RP. The following are the employees of Pete's Market, along with their salaries, exemptions, etc. Income tax is calculated at 20%. CPP is calculated at 5.10% (considering the $3,500 yearly exemption) and El is calculated at 1.62% Weekly Salaries Dale Nane Weekly Salary Sept. 7, 2021 Fred Flynn $1,190 Sept. 14, 2021 Fred Flynn 1,190 Sept. 21, 2021 Fred Flynn 1,265 Sept. 28, 2021 Fred Flynn 1,265 Note: Fred Flynn received a salary increase September 17, 2021. 546 CHAPTER 11 Sept. 7. 2021 Sept. 14, 2021 Sept. 21, 2021 Sept. 28, 2021 Sept.7, 2021 Sept. 14, 2021 Sept. 21, 2021 Sept 28, 2021 Mary Jones $1,265 Mary Jones 1,265 Mary Jones 1,265 Mary Jones 1,265 Note: On August 31, 2021, Mary reached her CPP maximum. Also note that Mary reached her maximum deduction for El in August, so no El deduction is made from her pay in September. Lilly Vron $940 Lilly Vron 940 Lilly Vron 940 Lilly Vron 940 Source deductions payable at August 31, 2021 (employer portion already recorded): CPP Pinable El Payable Income Tipos Payable $1,576.80 $592.08 $3,268.75 Required Using the general journal and payroll register, complete the following for the month of September 2021: 2021 Sept. 7 Complete payroll register for September 7 payroll, journalize payroll entry, and journalize entry for all employer's expenses related to payroll. 7 Transfer cash for September 7 payroll net pay from operating account to payroll account. 14 Process payroll (follow the same procedures as for September 7 payroll). 14 Transfer cash for September 14 payroll net pay from operating account to payroll account 14 Pay CRA for prior month's source deductions payable. 21 Process payroll for September 21. Note change in Fred Flynn's salary, 21 Transfer cash for September 21 payroll net pay from operating account to payroll account. 28 Process payroll for September 28. Note change in Lilly Vron's claim code. 28 Transfer cash for September 28 payroll net pay from operating account to payroll account. Comprehensive problem: completing payroll requirements 0 (120 min) P11-5C. This comprehensive problem will aid in putting the pieces of payroll together. In this project, you are the bookkeeper and will have the responsibility of recording payroll in the payroll register, paying the payroll, recording the employer's tax responsibilities, and making payment according to the CRA's requirements, Pete's Market, owned by Pete Reel, is located at 33 Riel Drive, Your Town, Ontario, M5W 2A4. His business number is 123456789 RP. The following are the employees of Pete's Market, along with their salaries, exemptions, etc. Income tax is calculated at 20%. CPP is calculated at 5.10% (considering the $3,500 yearly exemption) and El is calculated at 1.62% Weekly Salaries Dale Nane Weekly Salary Sept. 7, 2021 Fred Flynn $1,190 Sept. 14, 2021 Fred Flynn 1,190 Sept. 21, 2021 Fred Flynn 1,265 Sept. 28, 2021 Fred Flynn 1,265 Note: Fred Flynn received a salary increase September 17, 2021. 546 CHAPTER 11 Sept. 7. 2021 Sept. 14, 2021 Sept. 21, 2021 Sept. 28, 2021 Sept.7, 2021 Sept. 14, 2021 Sept. 21, 2021 Sept 28, 2021 Mary Jones $1,265 Mary Jones 1,265 Mary Jones 1,265 Mary Jones 1,265 Note: On August 31, 2021, Mary reached her CPP maximum. Also note that Mary reached her maximum deduction for El in August, so no El deduction is made from her pay in September. Lilly Vron $940 Lilly Vron 940 Lilly Vron 940 Lilly Vron 940 Source deductions payable at August 31, 2021 (employer portion already recorded): CPP Pinable El Payable Income Tipos Payable $1,576.80 $592.08 $3,268.75 Required Using the general journal and payroll register, complete the following for the month of September 2021: 2021 Sept. 7 Complete payroll register for September 7 payroll, journalize payroll entry, and journalize entry for all employer's expenses related to payroll. 7 Transfer cash for September 7 payroll net pay from operating account to payroll account. 14 Process payroll (follow the same procedures as for September 7 payroll). 14 Transfer cash for September 14 payroll net pay from operating account to payroll account 14 Pay CRA for prior month's source deductions payable. 21 Process payroll for September 21. Note change in Fred Flynn's salary, 21 Transfer cash for September 21 payroll net pay from operating account to payroll account. 28 Process payroll for September 28. Note change in Lilly Vron's claim code. 28 Transfer cash for September 28 payroll net pay from operating account to payroll account

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