ASSIGNMENT 2 PAYROLL Please Note: This assignment is an INDIVIDUAL assignment Th e payroll records of Acme Company provided the following information for the bi-weekly pay period ended March 22, 2019: Employee Employee Hours Worked No Earnings to End Rate of Pay Hospital Union Name For Week Insurance Dues of Previous Week Bugs Bunny 40 Sylvester Tweety Bird 60 Yosemite Sam 70 80 $34 36 $30.00 $12.00 $43,000 42,100 28,000 32 84 80 30.0012.00 36 30.00 12.00 12.00 30 Totals 120.00 48.00 Required 1. Enter the relevant information in the proper columns of a payroll register and complete the register; calculate CPP and El deductions. Charge the wages of Sylvester to Office Wages Expense and the wages ofthe remaining employees to Service Wages Expense. Calculate income tax deductions at 20% of gross pay. Employees are paid an overtime premium of 50% for all hours in excess of 40 per week. (22 Marks) 2. Prepare all general journal entries to record the payroll register information, including the employer's expenses and the payment to the Receiver General. Charitable Donations are remitted to the United Way and Union Dues are remitted to CUPE. (18 Marks) ASSIGNMENT 2 PAYROLL Please Note: This assignment is an INDIVIDUAL assignment Th e payroll records of Acme Company provided the following information for the bi-weekly pay period ended March 22, 2019: Employee Employee Hours Worked No Earnings to End Rate of Pay Hospital Union Name For Week Insurance Dues of Previous Week Bugs Bunny 40 Sylvester Tweety Bird 60 Yosemite Sam 70 80 $34 36 $30.00 $12.00 $43,000 42,100 28,000 32 84 80 30.0012.00 36 30.00 12.00 12.00 30 Totals 120.00 48.00 Required 1. Enter the relevant information in the proper columns of a payroll register and complete the register; calculate CPP and El deductions. Charge the wages of Sylvester to Office Wages Expense and the wages ofthe remaining employees to Service Wages Expense. Calculate income tax deductions at 20% of gross pay. Employees are paid an overtime premium of 50% for all hours in excess of 40 per week. (22 Marks) 2. Prepare all general journal entries to record the payroll register information, including the employer's expenses and the payment to the Receiver General. Charitable Donations are remitted to the United Way and Union Dues are remitted to CUPE. (18 Marks)