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Take me to the text An employer has calculated the following amounts for an employee during the last week of May 2019. Gross Wages Income
Take me to the text An employer has calculated the following amounts for an employee during the last week of May 2019. Gross Wages Income Taxes $1,100.00 $253.00 Canada Pension Plan Contributions $52.67 $17.82 Employment Insurance Contributions Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. Required a) Calculate the employee's net pay. Net Pay - $ b) Assuming the employer's contribution is 100% for Canada Pension Plan and 140% for Employment Insurance, what is the employer's total expense? Total Employer Expense c Prepare the journal entries to record Davroll for the emplovee and record the emolover's contribution. Assume the emolovee was paid immediately. c) Prepare the journal entries to record payroll for the employee and record the employer's contribution. Assume the employee was paid immediately. For transactions with more than one credit, enter the credit accounts in alphabetical order. Date 2019 Account Title and Explanation May 31 May 31 Record payroll Check Record additional employer expenses Note: The "chack" button done not submit Debit Credit
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