The bookkeeper for Pinto Co. of Peterborough gathered the following data from employee earnings records as well

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The bookkeeper for Pinto Co. of Peterborough gathered the following data from employee earnings records as well as daily time cards. Your task is
(a) To complete a payroll register on November 5 and
(b) To journalize the appropriate entry to record the weekly payroll.
Assumptions
1. Income tax (federal and provincial), CPP, and EI are from tables at the end of this chapter (see Appendices 9-1 to 9-3).
2. Each employee contributes $20 per week for health insurance.
3. Overtime is paid at a rate of time-and-a-half over 40 hours per week, or 8 hours in any given day.
Сит. СРР Before This Payroll Daily Time Code M T W T F Claim Hourly Rate Dept. Employee Mary Cardinal* 3 $23 Sales

*Both of these employees reached the EI maximum last pay period.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th Canadian edition

Authors: Jeffrey Slater, Brian Zwicker

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