Question: Please i need help with this especially number 2 question. Chapter 8 Project The payroll records of Brownlee Company provided the following information for the

Chapter 8 Project The payroll records of Brownlee Company provided the following

Please i need help with this especially number 2 question.

information for the entire weekly pay period (from Saturday to Friday) ended

Chapter 8 Project The payroll records of Brownlee Company provided the following information for the entire weekly pay period (from Saturday to Friday) ended on Friday: Employees Kat Sousa Smith Nick Parton Diana Wood Totals Pa Sat 4 4 4 o 8 11 for Week Ended D Time Sun Mon Tue o 4 o 8 7 o 8 8 8 8 6 hrs Wed s 6 o s 6 Thu s 7 s s 6 Fri 6 Pay Rate (/hr) 40.00 36.00 32.00 40.00 36.00 1. 2. Enter the relevant information in the proper columns of a payroll register 1) Calculate gross earnings. Employees are paid overtime for all hours in excess of 40 hours a week. 2) Calculate CPP and EI deductions manually use the most up to date rate 3) Calculate Fed. Tax deductions at 10% of gross pay Calculated Prov. Tax deduction at 20% of gross pay Brownlee Company Weekly Payroll Register (Partial) Date: December 31, 20XX current ar Employee Ra Loren Kathy Sousa Gary Smith Nick Parton Diana Wood Tota I Gross CPP Earnings Fed. Tax Prov. Tax Total Deduction Net Pay Record the General Journal based on the calculation of question 1. Assume the monthly expenses are 4 times the weekly numbers you calculated above. Prepare the general journal which records the salary expense offset by the amount payable to CRA and the employee (Refer to Exhibit 8-3).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!