Draper Company, Ontario has the following workers data on cc code 2 for the yearly payroll...

Transcribed Image Text:

Draper Company, Ontario has the following workers data on cc code 2 for the yearly payroll ending March 31: weekly Employee Hours Worked 48 Annual pay A 26000 B 45 24000 42 23000 D 41 22000 40 20000 E Calculate the following and write the payroll reporting journal entries if the workers are paid 1. Weekly 2. Bi weekly 3. Semi monthly 4. monthly (show in a separate tables) 2. Gross pay of each worker 3. CPP deduction 4. EI deduction 5. Provincial income tax 6. Federal income tac 7. Total income tax 8. Total deduction 9. CPP benefit expense to employer 10. EI benefit expense to employer 11. Total payroll liability payable by the employer Draper Company, Ontario has the following workers data on cc code 2 for the yearly payroll ending March 31: weekly Employee Hours Worked 48 Annual pay A 26000 B 45 24000 42 23000 D 41 22000 40 20000 E Calculate the following and write the payroll reporting journal entries if the workers are paid 1. Weekly 2. Bi weekly 3. Semi monthly 4. monthly (show in a separate tables) 2. Gross pay of each worker 3. CPP deduction 4. EI deduction 5. Provincial income tax 6. Federal income tac 7. Total income tax 8. Total deduction 9. CPP benefit expense to employer 10. EI benefit expense to employer 11. Total payroll liability payable by the employer