PLEASE HELP ME ANSWER THESE PAYROLL PROBLEMS
- SCREENSHOT 146-147
- SCREENSHOT 148
- SCREENSHOT 149-150
Daytona Company has three employees who are paid on an hourly basis, plus time and one half for hours in excess of 44 hours per week. Payroll information for the week ending July 14, 2019 is listed below. Employee Hours Worked Hourly Rate Income Tax CPP EI Union Dues J. Michelle 41 $16.70 $68.47 $31.49 $11.09 $30.00 A. Knopf 41 $17.40 $71.34 $32.95 $11.56 $30.00 D.House 40 $14.50 $58.00 $26.15 $9.40 $30.00 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate gross pay for each employee and the amount the employer will have to pay for CPP and EI. Employee Gross Employer CPP Employer El J. Michelle $ $ $ A. Knopf D.House Total b) Prepare the journal entries for the July 14 payroll and the employer's portion of payroll. Employees will not be paid until next week. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Jul 14 Record payroll Jul 14 Record additional employer expenses :) Record the payment of the statutory deductions to the CRA on July 31, 2019.Employee Gross Employer CPP Employer EI . Michelle $ A. Knopf D.House Total b) Prepare the journal entries for the July 14 payroll and the employer's portion of payroll. Employees will not be paid until next week. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Jul 14 Record payroll Jul 14 Record additional employer expenses c) Record the payment of the statutory deductions to the CRA on July 31, 2019. Date Account Title and Explanation Debit Credit 2019 Jul 31 Pay payroll liabilities due to CRAQuestion 9 Take me to the text Not checked Leisl Company has has calculated the gross pay of one of its employees to be $2,800 semi-monthly. The company must pay 4% of the gross pay as vacation pay and 2% for Workers' Compensation. The pay date is December 26, 2019. Marked out of 8.00 Required V Flag Do not enter dollar signs or commas in the input boxes, question Round your answers to 2 decimal places. a) Calculate and prepare the journal entry for accrued vacation pay. Date Account Title and Explanation Debit Credit 2019 Dec 26 To record accrued vacation pay b) Calculate and prepare the journal entry for Workers' Compensation. Date Account Title and Explanation Debit Credit 2019 Dec 26 To record workers' compensationThe payroll records of Russon Company's district office provided the following information for the weekly pay period ended March 27, 2019. All employees are paid 1.5 times their hourly wage for hours worked in excess of 40 hours per week. The company contributes 100% for it Marked out of 61.00 share of CPP, and 140% of El. Flag Employee Hours Worked Hourly Rate Income Tax CPP| El Union Dues question Caron Prosser 40 $18.00 $72 $33 $12 $30 Diane Ferenbach 45 $16.00 $76 $35 $12 $30 Stephen James 42 $13.00 $56 $25 $9 $30 Jessie Moore 47 $17.00 $86 $40 $14 $30 Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. Payroll Register Deductions Employer's Cost Employee Gross Income Tax CPP EI Union Dues CPP EI Caron Prosser $ $ Diane Ferenbach $ Stephen James essie Moore Total b) Prepare the payroll journal entries for March 27, 2019. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Mar 27 Record payroll Mar 27|Diane Ferenbach $ Stephen James Jessie Moore Total b) Prepare the payroll journal entries for March 27, 2019. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Mar 27 + Record payroll Mar 27 Record additional employer expenses c) Prepare a journal entry to record the cash payment of the payroll liabilities due to the CRA on April 15, 2019. Date Account Title and Explanation Debit Credit 2019 Apr 15 Pay payroll liabilities due to CRA
