This Mini Practice Set will aid in putting the pieces of payroll together. In this project, you are the bookkeeper and will have the responsibility of recording payroll in the payroll register, paying the payroll, recording the employer's tax responsibilities, and making payment according to the CRA's requirements.

Pete's Market, owned by Pete Reel, is located at 33 Riel Drive, Your Town, Ontario, M5W 2A4. His business number is 12345 6789 RP. The following are the employees of Pete's Market, along with their salaries, exemptions, etc. Income tax is calculated at 20%.

Required

Using the general journal and payroll register, complete the following for the month of September 2016:

2016 Sept.

7 Complete payroll register for September 7 payroll, journalize payroll entry, and journalize entry for all employer's expenses related to payroll.

7 Transfer cash for September 7 payroll net pay from operating account to payroll account.

14 Process payroll (follow the same procedures as for September 7 payroll).

14 Transfer cash for September 14 payroll net pay from operating account to payroll account.

14 Pay CRA for prior month's source deductions payable.

21 Process payroll for September 21. Note change in Fred Flynn's salary.

21 Transfer cash for September 21 payroll net pay from operating account to payroll account.

28 Process payroll for September 28. Note change in Lilly Vron's claim code.

28 Transfer cash for September 28 payroll net pay from operating account to payroll account.

Weekly Salaries Name Fred Flynn Fred Flynn Fred Flynn Date Sept. 7, 2016 Sept. 14, 2016 Sept. 21, 2016 Sept. 28, 2016 Fred Flynn Note: Fred Flynn received a salary increase September 17, 2016. Sept. 7, 2016 Sept. 14, 2016 Weekly Salary $1,190 1,190 1,265 1,265 Sept. 7, 2016 Sept. 14, 2016 Sept. 21, 2016 Sept. 28, 2016 Note: On August 31, 2016, Mary reached her CPP maximum. Also note that Mary reached her maximum deduction for EI in August, so no EI deduction is made from her pay in September. Mary Jones Mary Jones Mary Jones Mary Jones $1,265 1,265 1,265 1,265 $940 Lilly Vron Lilly Vron 940 Sept. 21, 2016 Lilly Vron 940 Sept. 28, 2016 Lilly Vron 940 Source deductions payable at August 31, 2016 (employer portion already recorded): CPP Payable El Payable Income Taxes Payable $1,576.80 $592.08 $3,268.75