Required information Here is a sample Payroll Register for a weekly payroll of an Ontario company:
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Here is a sample Payroll Register for a weekly payroll of an Ontario company:
Week of Jan 31 | Hours | Earnings | ||||||||||
Employee | Rate | Reg | OT | Reg | OT | Vac Pay | Gross | CPP | EI | Fed Tax | Prov Tax | Net |
H.Boss | $40.00 | 37.5 | 0 | $1,500.00 | $ - | $90.00 | $1,590.00 | $75.37 | $29.89 | $286.20 | $190.80 | $1,007.74 |
J.Doer | $15.00 | 20 | 0 | $300.00 | $ - | $18.00 | $318.00 | $12.41 | $5.98 | $31.80 | $159.00 | $108.81 |
L.Fickle | $12.50 | 37.5 | 8.5 | $468.75 | $159.38 | $37.69 | $665.81 | $29.63 | $12.52 | $119.85 | $79.90 | $423.91 |
N.Host | $18.00 | 37.5 | 4 | $675.00 | $108.00 | $46.98 | $829.98 | $37.75 | $15.60 | $149.40 | $99.60 | $527.63 |
P.Jules | $19.25 | 37.5 | 0 | $721.88 | $ - | $43.31 | $765.19 | $34.55 | $14.39 | $137.73 | $91.82 | $486.70 |
R.Landing | $25.00 | 5 | 0 | $125.00 | $ - | $7.50 | $132.50 | $3.23 | $2.49 | $ - | $ - | $126.78 |
Total | 175 | 12.5 | $3,790.63 | $267.38 | $243.48 | $4301.48 | $192.94 | $80.87 | $724.98 | $621.12 | $2681.57 |
Use the information in this table to answer the following questions.
Use the payroll register provided to create the payroll journal entry for Jan. 31. Exclude the employer portions for this entry. Ignore the requirement for account numbers for this question.
Related Book For
Accounting Principles Part 2
ISBN: 978-1118306796
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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