Question
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a companys payroll records: Employees' Names
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a companys payroll records: Employees' Names Weekly Gross Pay Earnings to End of Previous Week Income Taxes Health Insurance Deductions Hellen Craig $ 980 $ 12,510 $ 144.55 $ 37.00 Joseph Lim 870 13,440 113.63 24.00 Dino Patelli 1,090 19,140 173.72 36.00 Sharleen McFee 1,960 32,620 498.72 24.00 $ 4,900 $ 930.62 $ 121.00 Required: 1. Calculate the employees EI and CPP withholdings and the amounts paid to each employee. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 2. Prepare a General Journal entry to record the payroll. Assume all employees work in the office. (Round the final answers to 2 decimal places.)
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