Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question Maritime Industries is a fabrication business located in Fredericton, NB. The following payroll register contains payroll information for the week ended August 21, 2019.

Question

Maritime Industries is a fabrication business located in Fredericton, NB. The following payroll register contains payroll information for the week ended August 21, 2019. All employees donate $20 per pay to the United Way,

Employee Name

Weekly

Gross Pay

Garnett, A

$1,200

Kelly, D.V

$900

Molloy, N

$1,400

Whiting, A

$1,050

Total

$4,550

Complete the payroll register with all the columns ASSUMING

  1. Weekly2. Bi weekly

(you need to prepare two tables)

Gross Pay

Employee CPP

EI employee

Provincial tax

Federal tax

Total tax

Employer share of CPP

Employer share of EI

Net pay

Total payroll liability

Payroll journal entries.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Robert Libby, Patricia Libby, Frank Hodge

10th edition

1259964949, 1259964947, 978-1259964947

More Books

Students also viewed these Accounting questions

Question

Case : Karl and June Monroe

Answered: 1 week ago

Question

2. It is the results achieved that are important.

Answered: 1 week ago