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thanks for the help Part 1 Your answers to the questions listed below must be typed in 11-point Arial font and double-spaced. Please use the

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Part 1 Your answers to the questions listed below must be typed in 11-point Arial font and double-spaced. Please use the resources listed above to answer the following questions: 1. What does code E mean on the TD1 form? 2. What does code X mean on the TD1 form? 3. What types of income would require you to register for a payroll account? 4. Give some examples of deductions individuals can use to reduce the remuneration subject to income tax. 5. When will an individual stop paying income tax? (You may need to research this!) 6. How often and to whom does the employer remit payroll taxes if the employer is a "regular remitter"? NOTE: This assignment is based on 2021 rates. Your textbook may deal with older rates. You must use the CRA material provided for the correct rates and information pertaining to this assignment! Part 2: Problem 1 Payroll information for the payroll period ended June 24, 2021: Employees get time and a half for any hours over 44 hrs. /week. Employee Hours Pay Rate Claim Employee Reg. O/T Code Age Saul Hagger 35 $16.00/hr 2 17 Ralph Dover 44 6 $18.00/hr 3 42 Hailey Murphy 44 1 $13.50/hr 2 36 Dante Lake 44 10 $12.50/hr 2 76 George Stall 88 2 $14.00/hr 1 18 Sahara Jeep 88 3 $14.00/hr 2. 60 Sam Finkle 76 $14.00/hr 1 40 Lucie Lu n/a $1,500 6 36 semi Frank Costello n/a $7,000 10 33 monthly Pay Period Weekly Weekly Weekly Weekly Biweekly Biweekly Biweekly Semi- Month Monthly CON Union Dues: Weekly $8.00 Biweekly $16.00 Semi-monthly and monthly - no deduction for union dues Group Insurance: Weekly Biweekly Semi-monthly Monthly $14.00 $28.00 $30.00 $60.00 Registered Pension Plan: 4% of Gross pay Required: 1. Record all information in the payroll register. 2. Record in the General Journal, the following information: a. The payroll information (combine all payroll amounts) b. The employer's potion of payroll taxes C. The remittance of the deductions to the Receiver General Part 2: Problem 2 Required: Similar to the requirements of Problem 1, prepare the payroll register and the journal entries for the week of July 29th - August 5th, 2021. Employee Z -age 18 on July 28, 2021 pay rate of $10.00/hr for 20 hours this week - claim code 1 Employee A - age 49 -rate of $25.00/hr and worked 48 hours this week - CPP contributions to date are $3,150.00 and El deductions to date are $889.54 - claim code 5 Employee E - age 28 -pay rate of $17.50 per hour for 42 hours this week -claim code 1 Employee B - age 17 - Pay rate of $9.00/hr for 49 hours this week - claim code E Employee T - age 65 - pay rate of $18.25/hr for 44 hours this week - claim code 9 Time and a half is paid on anything over 44 hours a week. Employees A, E and T also have the following deductions: 1) Union dues $5.00/ week 2) Registered Pension Plan - 4% of gross pay

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