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sive problem: payroll requirements etc. ations only. P11-5C. This comprehensive problem will aid in putting the pieces of payroll together. In payroll in the payroll register, paying the payroll, recording the employer's to this project, you are the bookkeeper and will have the responsibility of recording responsibilities , and making payment according to the CRAs requirements . Pete's Market, owned by Pete Reel, is located at 33 Riel Drive, Your Town, Ontario, M5W 2A4. His business number is 12345 6789 RP. The following are the employees of Pete's Market, along with their salaries, exemptions, Income tax is calculated at 20%. CPP is calculated at 5.10% (considering the $3,500 yearly exemption) and El is calculated at 1.62% Weekly Salaries Date Name Weekly Salary Sept. 7, 2021 Fred Flynn $1,190 Sept. 14, 2021 Fred Flynn 1,190 Sept. 21, 2021 Fred Flynn 1,265 Sept. 28, 2021 Fred Flynn 1,265 Sept. 7, 2021 Sept. 14, 2021 Sept. 21, 2021 Sept. 28, 2021 $1,265 1,265 1,265 1,265 Note: On August 31, 2021, Mary reached her CPP maximum. Also note that Mary reached her maximum deduction for EI in August, so no EI deduction is made from her pay in September. Mary Jones Mary Jones Mary Jones Mary Jones $940 940 Sept. 7, 2021 Sept. 14, 2021 Sept. 21, 2021 Sept. 28, 2021 Lilly Vron Lilly Vron Lilly Vron Lilly Vron 940 940 Source deductions payable at August 31, 2021 (employer portion already recorded): CPP Payable $1,576.80 El Payable $592.08 Income Taxes Payable $3,268.75 2021 Sept. 7 Complete payroll register for September 7 payroll, journalize payroll entry, and journalize entry for all employer's expenses related to payroll. 7. Transfer cash for September 7 payroll net pay from operating account to payroll account. 14 Process payroll (follow the same procedures as for September 7 payroll). 14 Transfer cash for September 14 payroll net pay from operating account to payroll account. 14 Pay CRA for prior month's source deductions payable. 21 Process payroll for September 21. Note change in Fred Flynn's salary. 21 Transfer cash for September 21 payroll net pay from operating account to payroll account 28 Process payroll for September 28. Note change in Lilly Vron's claim code. 28 Transfer cash for September 28 payroll net pay from operating account to payroll account