Exercise Al-2 Calculating payroll deductions and recording the payroll LO2 The following information as to...

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Exercise Al-2 Calculating payroll deductions and recording the payroll LO2 The following information as to earnings and deductions for the weekly pay period ended March 9 was taken from a company's payroll records: Employees Names Hellen Craig Joseph Lim Dino Patelli Sharleen McFee Earnings to Weekly End of Income Gross Pay Previous Week Taxes $ 740 $ 12,510 $ 109.15 630 10,560 82.31 850 15, 780 135.44 Health Insurance Deductions $ 25.00 25.00 24.00 29,740 1,720 $ 3,940 437.64 $ 764.54 25.00 $ 99.00 Required: 1. Calculate the employees' El and CPP withholdings and the amounts paid to each employee. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Gross Pay $ 740.00 Premium Deductions Income CPP Taxes $ 109.15 Total Deductions Net Pay Health Insurance $ 25.00 25.00 630.00 Employee Hellen Craig Joseph Lim Dino Patelli Sharleen McFee Totals 82.31 135.44 850.00 24.00 1,720.00 $ 3,940.00 $ 437.64 0.00 $ 764.54 25.00 99.00 $ S 0.00 $ 0.00 $ 0.00 2. Prepare a General Journal entry to record the payroll. Assume all employees work in the office. (Round the final answers to 2 decimal places.) View transaction list Journal entry worksheet Record the entry for payroll. Note: Enter debits before credits. Date General Journal Debit Credit March 09 Record entry Clear entry View general journal

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