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Jenny, the accountant for Walmart provides you with he following info. Walmart has 7 employees, who earn gross wages of $230,000 for February. From this,
Jenny, the accountant for Walmart provides you with he following info. Walmart has 7 employees, who earn gross wages of $230,000 for February. From this, Jenny deducted 22% for income taxes, $11,400 in CPP premiums, and $3750 in EI premiums before distributing the cheques to the staff on February 25. Jenny was also required to math the employees' CPP premiums and pay $5250 in EI premiums
A) The cheques given to the staff has an amount of? _____
B) The balance of CPP payable is? _____
C) The balance of EI payable is? ____
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