Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll records: Earnings
The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll records: Earnings Weekly to End of Gross Health Income Insurance Previous Employees' Names Pay Week Taxes Deductions Hellen Craig Joseph Lim $ 840 $12,510 $123.90) $ 30.00 730 11,760 95.36 30.00 Dino Patelli 950 17,180 151.39 29.00 Sharleen McFee 1,820 $4,340 30,940 463.09 30.00 $833.74 $119.00 Required: 1. Calculate the employees' El and CPP withholdings and the amounts paid to each employee. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Deductions Employee Gross Pay El Premium Hellen Craig $ 840 00 Income Taxes $123.00 CPP Health Insurance Total Deductions) Net Pay $ 30.00 Joseph Lim 730.00 95.36 30.00 Dino Patelli 950.00 151.39 29.00 Sharleen McFee 1,820.00 463.09 30.00 Totals $ 4,340.00 S 0.00 $ 833.74 $ 0.00 $ 119.00 $ 0.00 $ 0.00
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