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The payroll records of Martindale Restaurant provided the following information for the weekly pay period ended February 27,2020 . All employees are paid 1.5 times
The payroll records of Martindale Restaurant provided the following information for the weekly pay period ended February 27,2020 . All employees are paid 1.5 times their hourly wage for hours worked in excess of 40 hours per week. The company contributes 100% for its share of CPP, and 140% of El. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. a) Calculate gross and net pay for each employee. b) Prepare the payroll journal entries for February 27, 2020. The employees will be paid at a later date. For transactions with more than one debit or more than one credit, enter the debit accounts in alphabetical order followed by credit c) Prepare a journal entry to record the cash payment of the payroll liabilities due to the CRA on March 15,2020
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