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P10-3B. The bookkeeper for Pinto Co. of Peterborough gathered the following data from employee earnings records as well as daily time cards. Your task is

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P10-3B. The bookkeeper for Pinto Co. of Peterborough gathered the following data from employee earnings records as well as daily time cards. Your task is (a) to complete a payroll register on November 5 and (b) to journalize the appropriate entry to record the payroll Income tax is calculated at 20%, CPP at 5.10%, and El at 1.62%. Remember to take into consideration the $3,500 deduction for CPP and consider maximum amounts. Claim Daily Time Hourly Cum. CPP Before Employee Code M T W T F Rare Dept. This Payroll Mary Cardinal* 2 8 6 9 10 8 $22 Sales $2,349.53 Bill Smith 4 9 10 9 10 7 14 Office 1,380.00 Joe Kingle 3 8 10 12 8 9 25 Sales 2,478.90 Anita Tsui 1 97 8 10 8 12 Office 942.54 *Both of these employees reached the El maximum last period. Assumptions 1. Each employee contributes 512 per week for health insurance 2. Overtime is paid at a rate of time-and-a-half over 40 hours per week or over 8 hours in any day

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