Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please fill in the form. thanks! the payroll cler

Please fill in the form. Thanks! The payroll clerk for Marlin's Maps Co. has...

80.2K

Verified Solution

Question

Accounting

image

image

Please fill in the form. Thanks!

The payroll clerk for Marlin's Maps Co. has assembled the following data for the company's three employees and has asked you to complete the payroll register. Hours in excess of 8 hours in any day and over 40 in any week are paid at time-and-a-half. Income tax is calcuated at 20%, CPP at 5.70% and El at 1.58%. Remember to take into consideration the $3,500 exemption for CPP, as well as the maximums for both CPP and El. You must: 1. Complete the payroll summary for the week ending November 30 . 2. Prepare the entry necessary to record the payroll. *Marcus has a weekly salary. This employee has already earned $65,300 so far this year. Calculations for Weekly Earnings

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Electrical Engineering
1.2K views

VHDL Code: Design a 16-bit 4-to-1 multiplexer using data-flow implementation style. Data inputs and output should...

Advance Math
1.2K views

Jason has found gold in his backyard! His backyard is a right isosceles triangle with each...

Biology
1.2K views

All secretory vesicles forming from the trans Golgi network TGN leave the TGN in a...

Biology
1.2K views

Which classification system was based on physical features and characteristics such as whether organisms lived...

Geometry
1.2K views

What are the coordinates D 24 2 14 E B F G

Basic Math
1.2K views

Which value of r indicates a stronger correlation: r=0.837 or r= -0.921? Explain your reasoning.Choose...

Statistics
1.2K views

Which of the following is an example of a sample A Average revenue of a...

Accounting
1.2K views

2) Calculating materials variances (25 points). Jackson, Inc. is a manufacturer of lead crystal glasses....

Accounting
1.2K views

ne Towing is a summary of tormation presented on the ninancial statements or a company...

Accounting
1.2K views

introduction to management accounting notes

Finance
1.2K views

1 Refer to Question 27 (pp. 132-133) from the textbook which provided the last two...

Accounting
1.2K views

Week 3 - Question 1 Segment Reporting Blue Mountain Limited year end is December 31,...