In 2021, Viktor Petska was paid a gross salary of $1,000 on a weekly basis. For the

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In 2021, Viktor Petska was paid a gross salary of $1,000 on a weekly basis. For the week ended May 17, 2021:

(a) Calculate his CPP and EI deductions.

(b) Use the excerpts in Illustration 10A.5 to determine his income tax deductions assuming Viktor works in Ontario and his TD1 claim code is 1.

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Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: Jan 23, 2023 08:40 AM

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In 2021, Viktor Petska was paid a gross salary of $1,000 on a weekly basis. For the

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Gross salary for the week 1000 a CPP 100000 6731 545 5083 EI 1000 ...View the full answer

Accounting Principles Volume 2

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