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Please complete the missing fields. Thank you in advance. Sure Value Hardware has four employees who are paid on an hourly basis, plus time and
Please complete the missing fields. Thank you in advance.
Sure Value Hardware has four employees who are paid on an hourly basis, plus time and a half for hours worked in excess of 40 hours a week. Payroll data for the week ended March 14, 2021, follow: Employee Total Hours Hourly Rate CPP Income Tax United Way 1. Dahl 36.9 $20.00 $33.20 $12.25 $80.50 $6.40 F. Gualtieri 422 9.40 16.82 6.76 92.95 9.70 G. Ho 46.0 15.90 35.23 12.93 91.00 6.80 A. Israeli 43.4 11.30 21.89 8.46 88.60 15.50 Record the payroll on March 14 and the accrual of employee benefits expense. Assume the company accrues 4% for vacation pay. (Credit account titles are automatically indented when the amount is entered. Do not indent manuali elf no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to 2 decimal places, eg. 52.76.J Date Account Titles and Explanation Debit Credit Mar. 14 Salaries Expense CPP Payable El Payable Income Tax Payable United Way Contributions Payable (To record salaries expense.) Mar. 14 Employee Benefits Expense CPP Payable El Payable Vacation Pay Payable (To record employer benefits expense.) e Textbook and Media List of Accounts Record the payment of the payroll on March 14. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to 2 decimal places, eg. 52.76) Debit Credit Date Account Titles and Explanation Mar. 14 Salaries Payable Cash (To record payment of salaries payable.) e Textbook and Media List of Accounts Record the payment of remittances to the Receiver General on April 15. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to 2 decimal places, eg. 5276) Date Account Titles and Explanation Debit Credit Apr. 15 CPP Payable El Pavable Income Tax Payable To record remittance of benefits deducted) Textbook and Media Step by Step Solution
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