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Question 4 [20 points] The following information as to earnings and deductions for the two-week pay period ended January 26, was taken from Northstar Corp.'s
Question 4 [20 points] The following information as to earnings and deductions for the two-week pay period ended January 26, was taken from Northstar Corp.'s payroll records a) Fill in the table below assuming that, El is calculated at 1.88%, income tax at 22% and CPP at 4.95% of annual earnings greater than $3,500 and less than $50,100. Please make sure your final answer(s) are accurate to 2 decimal places. Employee Gross pay Income taxes Medical insurance CPP El premium Total deductions Net pay Joseph Stiller 850 187 17 Dallas Glynn 850 17 Adam Uppe 700 154 14 Total 2,400 528 48 187 b) Prepare a joumal entry to record the payroll assuming all employees work in the office. Enter an appropriate description, and enter the date in the format dd/mmm (1.e., 15/Jan). General Journal Page Gj1 Account/Explanation F Debit Credit Date
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