Question: Please help me answer my Payroll Accounting Assignment please and thank you. You have hired a new employee Bill Simpson as a junior accountant to

Please help me answer my Payroll Accounting Assignment please and thank you.

Please help me answer my Payroll Accounting
You have hired a new employee Bill Simpson as a junior accountant to work for your company Accounting Universe. The address of your.company is Accounting Universe, PO BOX 1915 Calgary High Avenue AB - T4T Z41 Due to a tough economy, it was very difficult to hire talented staff. You, therefore, offered Bill a signing bonus of $1000 that will be handed to him in January's paycheque. Bill will be paid a salary of $60,000/year. He will be paid once a month at the end of each month. Bill is located at 789 Vista view heights, Calgary AB T4T56Z. His SIN Number is 123455778. Your payroll account number with CRA is 456897589RP0001 Tax Jurisdiction: Alberta Canada Create a spreadsheet to track EI, CPP, and Payroll Tax withheld each month. Be sure to include columns in your spreadsheet for the employer's portion of El and CPP CPP match is 1:1 (Employer: Employee) El match is 1.4:1 (Employer: Employee)

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