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Question #6 The November 30, 2023, monthly payroll run for Nod Company needs processing. The company wants your help to prepare the payroll calculations. The
Question #6 The November 30, 2023, monthly payroll run for Nod Company needs processing. The company wants your help to prepare the payroll calculations. The company has a health plan, to which it contributes 1.6 times the employee contributions. Other relevant information: Year-To-Date Health Employee Gross Pay Income taxes Earnings Insurance Premiums Darshan Kaur 764 8,915 101 $ 23 Sandeep Patel 725 $ 10,826 $ 80 23 Mary Lee 907 $ 12,801 151 35 Sarah James 1,578 $ 36,722 453 23 3.974 $ 69.264 $ 785 104 CPP Rate: 5.95% Max earnings: 65,700 El Rate: 1.58% Max earnings: 61,300 CPP Exempt: $ 3,500 REQUIRED: Nod Company needs you to prepare the entire payroll, including the employer costs of El and CPP and net pay for all employees. Provide the general journal entry for everything
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