9^th WEEK PAYROLL ASSIGNMENT - 2

15 IN THE FINAL DUE ON March 27^th , 2021 BEFORE 11.59

Maritime Industries is a fabrication business located in Toronto, Ontario. The following payroll information for the week ended August 21, 2020. All employees donate $20 to the United Way and contributes $100 to RRSP weekly. All employees are paid weekly taxable telephone allowance $70 and nontaxable lunch allowance $ 100. The employees annual standard earnings are given below.

Garnett	$1,20,000
Kelly	$90,000
Molloy	75,000
Whiting,	$50,000
Tommy	$45,000

Complete the payroll register showing Gross Pay, Net pay, Total payroll liability

if they are paid

1. Weekly 2. Biweekly 3 Semi Monthly 4. Monthly

Note: Use the payroll tables for all your calculations. (you need to prepare all four tables for all 4 periods)

Hint: 1. gross earnings total deductions = net pay.

2. Total deductions = statutory deductions + voluntary deductions

3. CPP is calculated on contributory earnings

4. EI is calculated on insurable earnings

5. Income tax is calculated on taxable earnings.