Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This whole is a single questions.Please andwe to your full compatibility .Images 2;3 and 4 are a different part and 5 ;6 are a different

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

This whole is a single questions.Please andwe to your full compatibility .Images 2;3 and 4 are a different part and 5 ;6 are a different part.Picture 1 is the data that you need. thank you sir/mam

Pharoah Company has the following data for the weekly payroll ending May 31: Hours Worked Hourly Rate CPP Deduction Income Tax Withheld Health Insurance Employee M Tu W ThF S 12 8 9 8 8 $19 $46.99 $115.80 $9 Kassam H. Faas 9 9 11 9 5 8 18.45 55.50 21 9 G. Labute 12. 3 8 1 0 19 38.52 113.70 18 Employees are paid 1.5 times the regular hourly rate for all hours worked over 40 hours per week. Pharoah Company must make payments to the workers' compensation plan equal to 2% of the gross payroll . In addition, Pharoah matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%. Prepare the payroll register for the weekly payroll. Calculate each employee's El deduction at a rate of 1.66% of gross pay. (Round answers to 2 decimal places, eg. 52.76.) Gross Earnings Gro Total Hours Employee Regular Overtime ) A. Kassam $ $ H. Faas G. Labute Totals $ $ List of Accounts PHAROAH COMPANY Payroll Register Gross Pay Income Tax CPP El $ $ $ $ 5 $ $ S List of Accounts Prepare the payroll register for the weekly payroll. Calculate each employee's El deduction at a rate of 1.66% of gross pay. (Round answers to 2 decimal places, eg: 52.76.) Deductions Income Tax Health Insurance Net Pay Total $ $ $ $ $ $ $ Record the payroll and Pharoah Company's employee benefits. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to 2 decimal places, eg. 52.76.) Date Account Titles and Explanation Debit Credit May 31 (To record Salaries expense.) May 31 (To record Salaries expense.) May 31 (To record employer benefit costs.) Activate Go to Sett

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linking Auditing And Meta Evaluation Enhancing Quality In Applied Research

Authors: Thomas A. Schwandt, Edward S. Halpern

1st Edition

0803929684, 978-0803929685

More Books

Students also viewed these Accounting questions

Question

In Problem, find each indicated derivative and simplify y' for y3x

Answered: 1 week ago