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Take me to the text Sampson Hotel has three employees who are paid on an hourly basis, plus time and one half for hours in
Take me to the text Sampson Hotel 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 June 14, 2020 is listed below. Employee Hours Worked Hourly Rate Income Tax CPP A. Knopf 40 $14.20 $56.80 $26.29 $8.97 B. Penguin 45 $16.70 $75.15 $36.36 $12.01 T. Cruise 47 $15.60 $73.32 $36.19 $11.95 Do not enter dollar signs or commas in the input boxes. Round 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 568 26.29 $ B. Penguin $ 759.85 $36.36 $ T. Cruise 756.6 $ 36.19 $ Total 2084.45 98.84 $ b) Prepare the journal entries for the June 14 payroll and the employer's portion of payroll. Employees will not be paid until next week. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2020 Jun 14 Salaries & Wages Expense 2084.45 Canada Pension Plan Payable 98.84 Employment Insurance Payable Income Tax Payable 208.45 X Salaries Payable Record payroll Jun 14 Employee Benefits Expense Canada Pension Plan Payable Employment Insurance Payable Record additional employer expenses c) Record the payment of the statutory deductions to the CRA on June 30, 2020. Date Account Title and Explanation Debit Credit 2020 Jun 30 Canada Pension Plan Payable Employment Insurance Payable Income Tax Payable Cash Pay payroll liabilities due to CRA
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