alley Orchard has 20 employees who are paid bi-weekly. The payroll registered showed the following payroll...
alley Orchard has 20 employees who are paid bi-weekly. The payroll registered showed the
following payroll deductions for the period ending February 14.
Gross Pay CPP EI Premium Income Tax Medical Insu. United Way 65,900 3,131 1,074 2,2450 1,200 1,320
Prepare the journal entries to: (a) record the employee salaries and withholdings; (b) employer’s share of thepayroll deductions; (c) payment to the employees; and (d) remittance to third parties of the amounts withhe
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alley Orchard has 20 employees who are paid bi-weekly. The
payroll registered showed the
following payroll...
Pearl Industries had a total bi-weekly payroll of $27,200. The entire payroll was subject to CPP...
Pearl Industries had a total bi-weekly payroll of $27,200. The entire payroll was subject to CPP (4.95%), EI (1.66%), and income tax withholdings of $3,590. Union dues of $340 were also withheld. Prepare the journal entries on Pearl’s books to record the wages and salaries paid and the employee payroll deductions. (Round answer to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select...
Jane works in Ontario and is paid on a bi-weekly basis. She has the following type...
Jane works in Ontario and is paid on a bi-weekly basis. She has the following type of earnings & benefits. Determine which are pensionable and insurable and then calculate the CPP and EI deductions. Regular $1600 Vacation Pay $500 Night Shift Premium $25 Group Life – Employer paid Taxable benefit $15
P11-3B Yemi's Drug Store has four employees who are paid on an hourly basis plus time-and-a-half...
P11-3B Yemi's Drug Store has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended February 15, 2012, are shown below. Hours Hourly Rate Federal Income Tax United Fund Employee Worked Withholdings Contributions M. 39 $12.00 $34 $-0 Dvorska D. Mottl 42 11.00 20 10.00 L. Abbasova 44 51 5.00 10.00 A. Lee 5.00 46 10.00 36 The following tax rates are applicable:...
Exercise Al-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 27 employees who are paid...
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On January 8, the end of the first weekly pay perlod of the year, Regis Company's payroll register showed that its employees earned $23,760 of office salarles and $70,840 of sales salaries. Withh...
On January 8, the end of the first weekly pay perlod of the year, Regis Company's payroll register showed that its employees earned $23,760 of office salarles and $70,840 of sales salaries. Withholdings from the employees' salarles Include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $12.760 of federal income taxes, $1,350 of medical insurance deductions, and $880 of union dues. No employee earned more than $7,000 In this first period....
Problem 11-3A (Part Level Submission) Mann Hardware has four employees who are paid on an hourly...
Problem 11-3A (Part Level Submission) Mann Hardware has four employees who are paid on an hourly basis plus time and a half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2017, are presented below. Employee Hours Worked United Fund Federal Income Tax withholdings $? 2 Ben Abel Rita Hager Jack Never Sue Perez Hourly Rate $15.00 14.00 13.00 13.00 40 41 44 46 $5.00 5.00 8.00 5.00 60.00 61.00 Abel...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 20 Employee Hours Worked Hourly Rate Federal Income Tax withholdings United Fund Ben Abel $15 Rita Hager Jack Never Sue Perez Abel and Hager are married. They daim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7,65%, state income taxes...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-a...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2020, are presented below. Employee Ben Abel Rita Hager Jack Never Sue Perez Hours Worked 40 42 Hourly Rate Withholdings Fund $5 $15 16 13 13 60 61 8 46 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following...
Please builed the answer on the fallowing study book text : Types of Termination Payments. Payments...
Please builed the answer on the fallowing study book text : Types of Termination Payments. Payments made on, or leading up to, the termination of employment are an important part of the process for both the employer and the employee. Employers have obligations either through employment and labour standards laws, collective agreements or organizational policy to ensure that all required payments are made on termination of employment. Employees are obviously concerned that they receive all payments owing to them. Under...
P11-3B Yemi's Drug Store has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended February 15, 2012, are shown below. Hours Hourly Rate Federal Income Tax United Fund Employee Worked Withholdings Contributions M. 39 $12.00 $34 $-0 Dvorska D. Mottl 42 11.00 20 10.00 L. Abbasova 44 51 5.00 10.00 A. Lee 5.00 46 10.00 36 The following tax rates are applicable:...
Exercise Al-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 27 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 23, 2015. Gross Pay 84,950.00 El Premium 1,597.00 Income Taxes 11.717.00 CPP 4,025.11 Medical Ins. 1.625.00 United Way 1,794.00 Required: Using the information provided, prepare the journal entry to record the payroll expenses. (If no entry is required for a transaction/event, select "No journal entry required in the first...
On January 8, the end of the first weekly pay perlod of the year, Regis Company's payroll register showed that its employees earned $23,760 of office salarles and $70,840 of sales salaries. Withholdings from the employees' salarles Include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $12.760 of federal income taxes, $1,350 of medical insurance deductions, and $880 of union dues. No employee earned more than $7,000 In this first period....
Problem 11-3A (Part Level Submission) Mann Hardware has four employees who are paid on an hourly basis plus time and a half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2017, are presented below. Employee Hours Worked United Fund Federal Income Tax withholdings $? 2 Ben Abel Rita Hager Jack Never Sue Perez Hourly Rate $15.00 14.00 13.00 13.00 40 41 44 46 $5.00 5.00 8.00 5.00 60.00 61.00 Abel...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 20 Employee Hours Worked Hourly Rate Federal Income Tax withholdings United Fund Ben Abel $15 Rita Hager Jack Never Sue Perez Abel and Hager are married. They daim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7,65%, state income taxes...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2020, are presented below. Employee Ben Abel Rita Hager Jack Never Sue Perez Hours Worked 40 42 Hourly Rate Withholdings Fund $5 $15 16 13 13 60 61 8 46 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following...
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