Sure Value Hardware has four employees who are paid on an hourly basis, plus time and a half for hours worked in excess of 40 hours a week. Payroll data for the week ended March 14, 2021 follows: 3 4 5 Instructions: 6 7 (a) Complete the payroll register below. (b) Record the payroll on March 14 and the accrual of the employer payroll costs. Assume the company accrues 4% for vacation pay. (c) Record the payment of the payroll on March 14. (d) Record the payment of remittances to the Receiver General on April 15. 8 9 10 11 Rates from payroll tables: 12 El Premium 1.66% 13 CPP 4.95% CPP Exemption $ 3,500.00 14 16 Total Deductions CPP Net Pay Deductions Income United Taxes Way $ 80.50 $ 7.50 $ 92.95 $ 8.00 $ 91.00 $ 5.00 $ 88.60 $ 10.00 $ 353.05 $ 30.50 15 (a) Complete the payroll register below. Gross Earnings Employees Total Hourly Over- EI 17 Name Hours Rate Regular time Gross Pay Premium 18 H. Craig 37.5 $18.00 $ 675.00 19 J. Lim 42.5 $16.50 $ 701.25 20 D. Patelli 43.5 $15.50 $ 674.25 21 S. McFee 46.0 $15.00 $ 690.00 22 Totals 23 24 (b) Record the payroll on March 14 and the accrual of the employer payroll costs. Assume the company accrues 4% for vacation pay. 26 Date Account Titles Debit Credit 27 28 29 30 31 32 33 34 35 25 36 $ 92.95 $ $ 91.00 $ $ 88.60 $ $ 353.05 $ 8.00 5.00 10.00 30.50 19 J. Lim 42.5 $16.50 $ 701.25 20 D. Patelli 43.5 $15.50 $ 674.25 21 S. McFee 46.0 $15.00 $ 690.00 22 Totals 23 24 (b) Record the payroll on March 14 and the accrual of the employer payroll costs. 25 Assume the company accrues 4% for vacation pay. 26 Date Account Titles Debit Credit 27 28 29 30 31 32 33 34 35 36 37 39 40 41 (c) Record the payment of the payroll on March 14. 42 Date Account Titles Debit Credit 43 44 45 46 47 48 49 (d) Record the payment of remittances to the Receiver General on April 15. 50 Date Account Titles Debit Credit 51 52 53 54 55 56