In 2018, Donald Green worked for the Green Red Company and earned a gross salary of $57,000

Question:

In 2018, Donald Green worked for the Green Red Company and earned a gross salary of $57,000 for the year ($4,750 per month). He was paid once a month at the end of each month.

Instructions

Calculate Donald’s CPP and EI deductions for the following:

a. September 2018

b. October 2018

c. November 2018

d. December 2018

e. In total for 2018

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Accounting Principles Volume 1

ISBN: 978-1119502425

8th Canadian Edition

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

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Question Posted: Feb 21, 2020 09:18 AM

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In 2018, Donald Green worked for the Green Red Company and earned a gross salary of $57,000

Question:

Step by Step Answer:

Month Gross Salary Cumulative Salary CPP 495 EI 166 Jan Oct November December Totals 4750000 47500...View the full answer

Accounting Principles Volume 1

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