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Problem: 1 10 marks Draper Company , Ontario has the following workers data on cc code 2 for the yearly payroll ending March 31: Employee

Problem: 1 10 marks

Draper Company, Ontario has the following workers data on cc code 2 for the yearlypayroll ending March 31:

Employee

weekly

Hours Worked

Annual pay

A

48

26000

B

45

24000

C

42

23000

D

41

22000

E

40

20000

Calculate the following and write the payroll reporting journal entries if the workers are paid

1. Weekly 2. Bi weekly 3. Semi monthly 4 .monthly

(show in a separate tables)

2. Gross pay of each worker
3. CPP deduction
4. EI deduction
5. Provincial income tax
6. Federal income tac
7. Total income tax
8. Total deduction
9. CPP benefit expense to employer
10. EI benefit expense to employer
11. Total payroll liability payable by the employer

ProblemNo: 2 ( 10 marks)

The following are working in JOHN company on weekly basis on claims code 2 basis in Ontario.

Employee Hours Worked Pay Rate union donation

C. White 44 $30 10 20

J. Wozowski 46 10 10 20

K. Hurt 39 14 10 20

M. Khan 42 22 10 20

Calculate the following and write the payroll reporting journal entries.

For the following pay periods

1. Weekly 2. Bi weekly 3. Semi monthly 4.monthly

(show in a separate tables)

1. Gross pay of each worker
2. CPP deduction
3. EI deduction
4. Provincial income tax
5. Federal income tac
6. Total income tax
7. Total deduction
8. CPP benefit expense to employer
9. EI benefit expense to employer
10. Total payroll liability payable by the employer

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