Question: COMPREHENSIVE IN CLASS NET PAY CALCULATION COMPREHENSIVE NET PAY CALCULATION 20% IN THE FINAL Problem: 1 20 marks Draper Company, Ontario has the following workers

COMPREHENSIVE IN CLASS NET PAY CALCULATION COMPREHENSIVE NET PAY CALCULATION 20% IN THE FINAL Problem: 1 20 marks Draper Company, Ontario has the following workers data on cc code 2 for the yearly payroll ending March 31: Employee weekly Hours Worked Annual pay A 48 26000 B 45 24000 C 42 23000 D 41 22000 E 40 20000 Calculate the following and write the payroll reporting journal entries if the workers are paid 1.Weekly 2. Biweekly 3. Semi monthly 4. monthly (Show ALL in a separate tables) 1. Gross pay of each worker 2. CPP deduction 3. EI deduction 4. Provincial income tax 5. Federal income tac 6. Total income tax 7. Total deduction 8. CPP benefit expense to employer 9. EI benefit expense to employer 10. Total payroll liability payable by the employer 11. PASS ALL PAYROLL REPORTING JOURNAL ENTRIES.

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