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If possible, may you provide an explanation as well? The following information as to earnings and deductions for the weekly pay period ended March 9
If possible, may you provide an explanation as well?
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll records: Employees' Names Hellen Craig Joseph Lim Dino Patelli Sharleen Meteo Earnings Weekly to End of Health Gros Previous Income Insurance Pay Week Taxes Deductions $ 920 $12,510 $135.70 $ 34.00 810 12,720 105.80 34.00 1,030 18,300 164.15 33.00 1,900 31,900 483.45 34.00 $4,660 $989.10 $135.00 Required: 1. Calculate the employees' El and CPP withholdings and the amounts paid to each employee. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Premium Total Deductions Net Pay Employee Hellen Craig Joseph Lim Dino Patelli Sharleen McFee Totals Gross Pay $ 920.00 810.00 1,030.00 1,900.00 $ 4,660.00 Deductions Income CPP Taxes $ 135.70 105.80 164.15 483.45 $ 889.10 $ 0.00 Health Insurance $ 34.00 34.00 33.00 34.00 $ 135.00 $ 0.00 $ 0.00 $ 0.00 2. Prepare a General Journal entry to record the payroll. Assume all employees work in the office. (Round the final answers to 2 decimal places.) View transaction list Journal entry worksheetStep by Step Solution
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