Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need to be solved in 30mins? (20 minutes) Total Deduction Net Pay Salaries Expense Booson Groceries has 3 employees who are paid monthly Gross ET

need to be solved in 30mins?
image text in transcribed
image text in transcribed
image text in transcribed
(20 minutes) Total Deduction Net Pay Salaries Expense Booson Groceries has 3 employees who are paid monthly Gross ET Income Employee Pay Premium Taxes CPP Head, A. 2.600.00 Luke, 2,050.00 Vasto C 2.850.00 Totals 7,500.00 Required: A Calculate the El Income Tax, and CPP deductions for each employee in the payroll register above for the month onded March 31,2021. Use a 20% tax rate, 8 Prepare the general journal entry to record the payroll register on March 31, 2021 C. Prepare the journal entry to record the employer's share of payroll contributions Short Answer Toolbar navigation B IV S 3 il IHI 111 al 50 (20 minutes) Beeson Groceries has 3 employees who are paid monthly Gross Income Employee Pay Premium Taxes CPP Head, A 2,600.00 Luke, K 2,050.00 Vaslieou, C. 2.850.00 Totals 7,500.00 Total Deduction Net Pay Salaries Expense Required: A. Calculate the El, Income Tax, and CPP deductions for each employee in the payroll register above for them B. Prepare the general journal entry to record the payroll register on March 31, 2021 C. Prepare the journal entry to record the employer's share of payroll contributions Required: A Calculate the El Income Tax and CPP deductions for each employee in the payroll register above for the month onded March 31, 2021. Use a 20tor B. Prepare the general Journal entry to record the payrollregister on March 31, 2021 C. Prepare the Journal entry to record the employer's share of payroll contributions Short Answer Toolbatigation B I us 3 !!! > A 2 (20 minutes) Total Deduction Net Pay Salaries Expense Booson Groceries has 3 employees who are paid monthly Gross ET Income Employee Pay Premium Taxes CPP Head, A. 2.600.00 Luke, 2,050.00 Vasto C 2.850.00 Totals 7,500.00 Required: A Calculate the El Income Tax, and CPP deductions for each employee in the payroll register above for the month onded March 31,2021. Use a 20% tax rate, 8 Prepare the general journal entry to record the payroll register on March 31, 2021 C. Prepare the journal entry to record the employer's share of payroll contributions Short Answer Toolbar navigation B IV S 3 il IHI 111 al 50 (20 minutes) Beeson Groceries has 3 employees who are paid monthly Gross Income Employee Pay Premium Taxes CPP Head, A 2,600.00 Luke, K 2,050.00 Vaslieou, C. 2.850.00 Totals 7,500.00 Total Deduction Net Pay Salaries Expense Required: A. Calculate the El, Income Tax, and CPP deductions for each employee in the payroll register above for them B. Prepare the general journal entry to record the payroll register on March 31, 2021 C. Prepare the journal entry to record the employer's share of payroll contributions Required: A Calculate the El Income Tax and CPP deductions for each employee in the payroll register above for the month onded March 31, 2021. Use a 20tor B. Prepare the general Journal entry to record the payrollregister on March 31, 2021 C. Prepare the Journal entry to record the employer's share of payroll contributions Short Answer Toolbatigation B I us 3 !!! > A 2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Organizational Communication A Handbook Of Research Theory And Practice

Authors: Owen Hargie, Dennis Tourish

2nd Edition

0415414466, 978-0415414463

More Books

Students also viewed these Accounting questions