Complete the Payroll Table below: Weekly Payroll Register Gross Pay Employee A $2,000.00 El Rate = CPP Rate =...

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Complete the Payroll Table below: Weekly Payroll Register Gross Pay Employee A $2,000.00 El Rate = CPP Rate = CPP Exemption= Income Tax Rate = EI CPP 1.66% of Gross Pay 4.95% of Gross Pay $3,500 Annual 20% of Gross Pay Inc Tax Net Pay o Note: None of the employees have reached the El or CPP Maximums. Prepare the Journal Entry from the payroll table above. You may ignore the employer's required El and CPP Contributions.

Answer rating: 100% (QA)

SOLUTION To prepare the journal entry from the given payroll table we need to record the expenses re View the full answer