Sure Value Hardware has four employees who are paid on an hourly basis, plus time and a half for hours worked in excess of 40 hours a week. Payroll data for the week ended March 14, 2017, follow:

Instructions
(a) Prepare a payroll register for the weekly payroll.
(b) Record the payroll on March 14 and the accrual of employee benefits expense. Assume the company accrues
4% for vacation pay.
(c) Record the payment of the payroll on March 14.
(d) Record the payment of remittances to the Receiver General on April 15.
Taking It Further
Does the owner of a proprietorship need to deduct CPP, EI, and income taxes on his or her drawings?

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Employee Total Hours Horly Rate CPPEIncome Tax United Way I. Dahl E Gualtieri G. Но A. Israeli 7.5 42.5 43.5 45.0 $17.00 16.50 15.50 15.00 $27.80 32.40 31.39 31.94 11.83 13.57 13.19 13.40 $ 82.25 91.20 97.50 107.75 $7.50 8.00 5.00 10.00