In Chapter 2, on page 99, we learned that Lee Management Consulting hired a part-time office manager
Question:
Federal income tax to be withheld...................................... $138.55
Provincial income tax to be withheld..................................... 99.70
CPP............................................................................ 84.56
EI ..............................................................................37.60
Required
1. Compute the office manager's gross pay and net pay for the month.
2. Make one general journal entry to record Lee Management Consulting's salary expense for the office manager, including her payroll deductions and the employer payroll costs. Round all amounts to the nearest cent.
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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