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dsheet mplate payroll Problem 11-4A Assume that Raji Patel is a vice-president in Maple Gapital's leasing operations. Durine 2015 she worked for the company all

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dsheet mplate payroll Problem 11-4A Assume that Raji Patel is a vice-president in Maple Gapital's leasing operations. Durine 2015 she worked for the company all year at a$7,500 honthly salary. She also earned a year-end bonus equal to 10 pereent of her salary. Patel's federal income tax withheld during 2015 was $2,398 per month. Also, there was a one-time federal withholding tax of $4,5 1 2 on her bonus cheque. She paid $356.85 per month into the CPP until she had paid the maximum of $2,479.95. In addition, Patel paid $157,50 per month EI through her employer until the maximum of $930.60 had been reached, She had authorized Maple Capital to make the following payroll deductions: RRSP contribution of $55 per month and United Way donation of $37.50 per month. Maple Capital incurred CPP expense equal to the amount deducted from Patel's pay and El expense equal to 1.4 times the amount Patel paid. In addition, Maple Capital paid dental and drug insurance of $38 per month and pension benefits of 7 percent of her base salary. Required mounts 3 191.45 1. Compute Patel's gross pay, payroll deductions, and net pay for the full year 2015. Round all amounts to the nearest cent. 2. Compute Maple Capital's total 2015 payroll expense for Patel. 3. Prepare Maple Capital's general journal entries (explanations are its expense for the following: Patel's total earnings for the year, her payroll deductions, and her net pay. Debit Salary Expense and Bonus Expense as appropriate for salary and bonus. Credit liabil- ity accounts for the payroll deductions and Cash for net pay b. Employer payroll expenses for Patel. Credit the appropriate liability accounts. c. Benefits provided to Patel. Credit Health Insurance Payable and Company Pension Payable. not required) to record a

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