Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Piperel Lake Resort's four employees are paid monthly. Assume an income tax rate of 2 0 % . Required: Complete the payroll register below for

Piperel Lake Resort's four employees are paid monthly. Assume an income tax rate of 20%.
Required:
Complete the payroll register below for the month ended January 31,2
\table[[Distribution],[Salaries,Guide Salaries],[,$,1,550.00021.(Do not round intermediate values. Round the final
answers to 2 decimal places.)
Click here to view the CPP Tables for 2021.
Click here to view the El Tables for 2021.
\table[[Employee,,,Deductions,\table[[Pay],[Net Pay]],Distribution],[,s Pay,El Premium,Income Taxes,Medical Ins.,CPP,United Way,Total Deductions,Office Salaries,Guic,Salar],[Wynn, L.,$,1,550.00,,,65.00,,50.00,,,,$,1,55],[Short, M.,,1,300.00,,,65.00,,40.00,,,1,300.00,,],[Pearl, P.,,1,500.00,,,65.00,,100.00,,,,,1,50],[Quincy, B.,,1,225.00,,,65.00,,0.00,,,,,1,22],[Totals,$,5,575.00,0.00,0.00,260.00,0.00,190.00,0.00,0.00,1,300.00,$,4,27]]
image text in transcribed

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

Accounting A Smart Approach

Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles

2nd Edition

0199674914, 978-0199674916

More Books

Students also viewed these Accounting questions

Question

Is it ethical to copy other companies ideas through benchmarking?

Answered: 1 week ago

Question

1. Administrative routines, such as taking attendance

Answered: 1 week ago

Question

=+3. How will you measure action objective?

Answered: 1 week ago

Question

=+2. What research methodologies would be most effective?

Answered: 1 week ago

Question

=+ Focus groups with representative publics. Which publics?

Answered: 1 week ago