#2	Payroll Journals
a.	please Prepare a worksheet in Excel for your employees to calculate their weekly net pay
	Employees
	1	Tim	Worked for 45 hours. Earns $9.45 per hour
	2	Abdullah	Worked for 52 hours. Earns $9.80 per hour
	3	Cindy	Worked for 48 hours. Earns $11.40 per hour
	4	Sam	Worked for 40 hours. Earns $12.15 per hour
	Company's policy
	1	Regular hours between 0-40 hours
	2	Time and half between 40-60 hours
	3	Each employee is given health insurance for $110 each period
	Taxes
	1	Employees portion of EI - 1.58%
	2	Employees portion of CPP - 5.45%
	3	Federal taxes - 15%
	4	State taxes - 9%
	Other
	1	Tim and Sam also make charitable contributions for $25 each period
b	please Prepare the payroll journal entries including employers portion for EI (1:4:1) and CPP (1:1)
	Assume you pay cash on the day that you are recording the journal entry
c	please Prepare partial trial balance, income statement, and balance sheet