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PLZ PLZ HELP ASAP For the pay period ended February 4th, 2023 Employee Gross FIT CPP EI Net Hardeep 1,200.00 240.00 63.39 19.56 877.05 Manmeet
PLZ PLZ HELP ASAP
For the pay period ended February 4th, 2023 | |||||
Employee | Gross | FIT | CPP | EI | Net |
Hardeep | 1,200.00 | 240.00 | 63.39 | 19.56 | 877.05 |
Manmeet | 2,200.00 | 550.00 | 122.89 | 35.86 | 1,491.25 |
Darlene | 3,000.00 | 750.00 | 170.49 | 48.90 | 2,030.61 |
Jason | 500.00 | 25.00 | 21.74 | 8.15 | 445.11 |
Total | 6,900.00 | 1,565.00 | 378.51 | 112.47 | 4,844.02 |
4,844.02 |
Part 1: Prepare the Journal Entry to record the Wages paid for the payroll period ended February 4th, 2023 | ||||
Date | Account Titles and Description | PR | Dr. | Cr. |
Part2: Prepare the Journal Entry to record the Employer's Expense for the payroll period ended February 4th, 2023 | ||||
Date | Account Titles and Description | PR | Dr. | Cr. |
Part 5: Prepare the Journal Entry to pay Canada Revenue Agency based on the above February payroll | ||||
Date | Account Titles and Description | PR | Dr. | Cr. |
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