Question
Laura, the accountant for Osco-shop gives you the following information. The shop has seven employees, who earn gross wages of $230,000 for January. From this,
Laura, the accountant for Osco-shop gives you the following information. The shop has seven employees, who earn gross wages of $230,000 for January. From this, Laura deducted 22% for income taxes, $11,400 in CPP premiums, and $3,750 in EI premiums before distributing the cheques to the staff on January 25. Laura was also required to match the employees' CPP premiums and pay $5,250 in EI premiums
The balance of EI payable is?
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For Wahlen/jones/pagachs Intermediate Accounting Reporting And Analysis, , 2 Terms
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd Edition
1305405676, 9781305405677
