Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Take me to the text Daytona Company has three employees who are paid on an hourly basis, plus time and one half for hours
Take me to the text Daytona Company has three employees who are paid on an hourly basis, plus time and one half for hours in excess of 44 hours per week. Payroll information for the week ending February 14, 2019 is listed below. Employee Hours Worked Hourly Rate Income Tax CPP El Union Dues A. Knopf 45 $17.00 B. Penguin 36 $14.80 $76.50 $53.28 $36.02 $12.53 $20.00 C. Tatum 35 $15.50 $23.74 $8.63 $54.25 $24.23 $8.79 $20.00 $20.00 Do not enter dollar.signs.or.commas in the input boxes Bound your answers to 2 decimal places. a) Calculate gross pay for each employee and the amount the employer will have to pay for CPP and EL Employee Gross Employer CPP Employer El A. Knopf S $ $ B. Penguin S $ $ C. Tatum S 5 Total 5 $ S by Prepare the journal entries for the February 14 payroll and the employer's portion of payroll. Employees will not be paid until next week
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started