Which of the following accurately summarizes the correct formula for determining the monthly remittance to the CRA
Question:
Which of the following accurately summarizes the correct formula for determining the monthly remittance to the CRA (IT 5 income tax)?
a. (2 х IT) + (2.4 х CPP) + (2 х EI)
b. (1 х IT) + (2 х CPP) + (2.4 х EI)
c. (1 х IT) + (2.4 х CPP) + (2 х EI)
d. (2 х IT) + (2 х CPP) + (2.4 х EI)
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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