Christine Ballantyne, the accountant for Smurk Co of Shelburne, has gathered the following data for the September 23 weekly payroll Assumptions 1 Income taxes are calculated at 20 , CPP at 4 95 , and EI at 1 88 Required a Prepare a payroll register for September 23 b Journalize and post the payroll...

a Employees have reached their maximum contribution in this pay b Employee A Yeoman R Bauman M Good ...

Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the September

Question:

Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the September 23 weekly payroll.

Cummulative CPP Before This Pay Employee Factory $940.00 Salary Chq # Office A. Yeoman $940.00 47 $1,059.80 R. Bauman 975.00 48 2,505.40 1,722.80 $975.00 M. Good 1,149.00 49 1,149.00 D. Shantz 1,410.00 50 2,540.01 1,410.00

Assumptions

1. Income taxes are calculated at 20%, CPP at 4.95%, and EI at 1.88%.

Required

a. Prepare a payroll register for September 23.

b. Journalize and post the payroll entry

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College Accounting A Practical Approach

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Question Posted: Dec 17, 2019 05:42 AM

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Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the September

Question:

Cummulative CPP Before This Pay Employee Factory $940.00 Salary Chq # Office A. Yeoman $940.00 47 $1,059.80 R. Bauman 975.00 48 2,505.40 1,722.80 $975.00 M. Good 1,149.00 49 1,149.00 D. Shantz 1,410.00 50 2,540.01 1,410.00

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a Employees have reached their maximum contribution in this pay b Employee A Yeoman R Bauman M Good ...View the full answer

College Accounting A Practical Approach

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