The following information as to earnings and deductions for the weekly pay period ended March 9 was
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Calculate the amounts paid to each employee, and the employees EI and CPP with holdings, and prepare a general journal entry to record the payroll. Assume all employees work in the office.
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Distribution Sales Salaries Deductions Pay El Income Total Gross Pay Office Premium Deductions Net Pay Employee Berkley, M. Chandler, O. Meister, P. Taxes CPP Salaries 550.16 10.81 575.00 575.00 0.00 14.03 24.84 840.00 15.79 0.00 27.14 42.93 797.07 840.00 36.05 19.18 55.23 1,020.00 0.00 964.77 1,020.00 77.22 45.78 575.00 Totals 2,435.00 0.00 123.00 2,312.00 1,860.00
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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