Sandra works in British Columbia and is paid on a semi-monthly basis. She has a claim code 1 on both her TD1 and TD1BC. She has the following type of earnings, benefits & deductions. She will not max out on CPP or EI this pay and will have full deductions. Using 2019 rates, calculate deduction value, pensionable, insurable and taxable amounts on which they were based.

- Regular pay $3200

- Holiday pay $250

- Group Life - Employer paid Taxable bebefit $15

- Employee RRSP contribution $200

Her employee matches her EI at a non-reduced rate (1.4) and additionally pays employer health tax at a rate of 1.95%. The pay ending is July 31st and all amounts will be paid to third parties for the month. The monthly amounts will be exactly double for month end reporting purposes.

Complete the entire pay cycle process by calculating gross to net pay, employee premium amounts and record all applicable accounting entries in the tables below:

as outlined, CPP and EI will not be maxed out and Sandra will have full deductions.

Debit Credit Journal Entry #4786 Date: July 31, 2019 Account Name Account No. Regular Pay 30000-601 Holiday Pay 30000-602 CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Federal Income Tax Payable 20000-206 Provincial Income Tax Payable 20000-206 RRSP Payable 20000-210 Payroll Clearing (Net Pay) 20000-218 Total To record wages expense for pay period July 31, 2019. Debit Credit Journal Entry #4787 Date: July 31, 2019 Account Name Account No. Payroll Clearing (Net Pay) 20000-218 Payroll Cash 10000-100 Total To record payment to employees for pay period ending July 31, 2019 Journal Entry #4788 Date: July 31, 2019 Account Name Account No. Debit Credit CPP Employer 30000-610 El Employer 30000-611 Group Life 30000-301 British Columbia-EHT 30000-450 CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Group Life Payable 20000-223 EHT Accrual 20000-225 Total To record employer's portion of CPP Contributions, El Premiums, EHT and Group Life Expenses for pay period ending July 31, 2019 Credit Journal Entry #4789 Date: July 31, 2019 Account Name Account No. Debit CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Federal Income Tax Payable 20000-206 Provincial Income Tax Payable 20000-206 Group Life Payable 20000-223 EHT Accrual 20000-225 RRSP Payable 20000-210 Payroll Cash 10000-100 Total To record remitting to third parties for the month ending Date: July 31, 2019 Debit Credit Journal Entry #4786 Date: July 31, 2019 Account Name Account No. Regular Pay 30000-601 Holiday Pay 30000-602 CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Federal Income Tax Payable 20000-206 Provincial Income Tax Payable 20000-206 RRSP Payable 20000-210 Payroll Clearing (Net Pay) 20000-218 Total To record wages expense for pay period July 31, 2019. Debit Credit Journal Entry #4787 Date: July 31, 2019 Account Name Account No. Payroll Clearing (Net Pay) 20000-218 Payroll Cash 10000-100 Total To record payment to employees for pay period ending July 31, 2019 Journal Entry #4788 Date: July 31, 2019 Account Name Account No. Debit Credit CPP Employer 30000-610 El Employer 30000-611 Group Life 30000-301 British Columbia-EHT 30000-450 CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Group Life Payable 20000-223 EHT Accrual 20000-225 Total To record employer's portion of CPP Contributions, El Premiums, EHT and Group Life Expenses for pay period ending July 31, 2019 Credit Journal Entry #4789 Date: July 31, 2019 Account Name Account No. Debit CPP Contributions Payable 20000-203 El Premiums Payable 20000-205 Federal Income Tax Payable 20000-206 Provincial Income Tax Payable 20000-206 Group Life Payable 20000-223 EHT Accrual 20000-225 RRSP Payable 20000-210 Payroll Cash 10000-100 Total To record remitting to third parties for the month ending Date: July 31, 2019