Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Payroll Accounting Question Problem No: 2 ( 10 marks) The following are working in JOHN company on weekly basis on claims code 2 basis in
Payroll Accounting Question
Problem No: 2 ( 10 marks) The following are working in JOHN company on weekly basis on claims code 2 basis in Ontario. union Employee Hours Worked Pay Rate C. White 44 $30 J. Wozowski 10 10 donation 20 20 46 10 K. Hurt 39 14 10 20 M. Khan 42 22 10 20 Calculate the following and write the payroll reporting journal entries. For the following pay periods 1. Weekly 2. Bi weekly 3. Semi monthly 4. monthly (show in a separate tables) 1. Gross pay of each worker 2. CPP deduction 3. El deduction 4. Provincial income tax 5. Federal income tac 6. Total income tax 7. Total deduction 8. CPP benefit expense to employer 9. El benefit expense to employer 10. Total payroll liability payable by the employerStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started