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Peter Tomach works for a manufacturing company Ho earns $600 a week for a 40 hour week and time and a half for anything over

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Peter Tomach works for a manufacturing company Ho earns $600 a week for a 40 hour week and time and a half for anything over 40 hours per week. During the first week of the year, Peter worked 49 hours. The income tax withholdings are 15% of gross earnings Canada Pension Plan deductions are 4.95% of gross earnings and Employment Insurance deductions are 188% of gross earnings. Ignore the basic Canada Pension Plan exemption The entry to record the payroll for Peter would include a O A. debit to Salary Payable to Employees for $802 50 O B. credit to Canada Pension Plan Payable for $1501 O C. credit to Employee Income Tax Payable for $120 38 OD. credit to Employee Benefits Expense for $5473

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