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Riverside Ltd. has completed the payroll for January of the current year, reflecting the following data Salaries and wages earned Employee income taxes withheld CPP
Riverside Ltd. has completed the payroll for January of the current year, reflecting the following data Salaries and wages earned Employee income taxes withheld CPP contributions EI contributionst Union dues withheld $ 69,000 16,909 3,415 1,242 1,200 $3,415 each for employer and employee Employment Insurance, employees' share. Required: 1-a. What amount of additional compensation expense must be paid by the company? (Round the final answer to the nearest whole dollar) Additional compensation expense 1-b. What was the amount of the employees' take-home pay? Take-home pay 2. List the liabilities that are reported on the company's statement of financial position at January 31 of the current year. The employees' take home pay was paid on that day. (Round the final answers to the nearest whole dollar) Statement of financial position (liabilities) Total $ 0 3-a. This part of the question is not part of your Connect assignment. 3-b. Would financial analysts react differently? Yes O No
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