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Fill in the following blank spaces in the table above. And follow are details listed below. Compute the net pay for each employee and record
Fill in the following blank spaces in the table above. And follow are details listed below. Compute the net pay for each employee and record journal entry to for pay period. Show all working.
ProvincalFederal Ernings Tax Income CPP Hourly Blue Cross Total Insurance Deductions Earnings Accrusl Net Vacation Wage Hours Gross Earnings RRSP Tasable Coltrain, Roscoe P Duke, Bo Duke, Luke 515 0.00 20.00 523.2536 S25.00 50 Details: CPP El Provincial Tax Federal Tax 5.10% 1.62% 5% 10% TFSA -Not matched by employee Bue Cross Overtime- Time and half> 40 hours Vacation-accrued for all employees and Paid in Jdy $20 paid by each emplayee $5.50 paid by each employee and matched by emplayer RRSP- Matched by emplayer Reauired: Compute net pay for each employee and record journal entry to for pay period. ProvincalFederal Ernings Tax Income CPP Hourly Blue Cross Total Insurance Deductions Earnings Accrusl Net Vacation Wage Hours Gross Earnings RRSP Tasable Coltrain, Roscoe P Duke, Bo Duke, Luke 515 0.00 20.00 523.2536 S25.00 50 Details: CPP El Provincial Tax Federal Tax 5.10% 1.62% 5% 10% TFSA -Not matched by employee Bue Cross Overtime- Time and half> 40 hours Vacation-accrued for all employees and Paid in Jdy $20 paid by each emplayee $5.50 paid by each employee and matched by emplayer RRSP- Matched by emplayer Reauired: Compute net pay for each employee and record journal entry to for pay periodStep by Step Solution
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