Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the...
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Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the September 23 weekly payroll: Cumulative CPP Chq # Before This Pay $1,059.80 Factory $ 940.00 Office Employee Salary A. Yeoman $ 940.00 47 R. Bauman 975.00 48 2,405.25 $ 975.00 M. Good 1,149.00 49 1,722.80 1,149.00 D. Shantz 1,410.00 50 2,478.90 1,410.00 Assumptions Income taxes are calculated at 20%, CPP at 5.10%, and EI at 1.62%. Required a. Prepare a payroll register for September 23. b. Journalize and post the payroll entry. Christine Ballantyne, the accountant for Smurk Co. of Shelburne, has gathered the following data for the September 23 weekly payroll: Cumulative CPP Chq # Before This Pay $1,059.80 Factory $ 940.00 Office Employee Salary A. Yeoman $ 940.00 47 R. Bauman 975.00 48 2,405.25 $ 975.00 M. Good 1,149.00 49 1,722.80 1,149.00 D. Shantz 1,410.00 50 2,478.90 1,410.00 Assumptions Income taxes are calculated at 20%, CPP at 5.10%, and EI at 1.62%. Required a. Prepare a payroll register for September 23. b. Journalize and post the payroll entry.
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