ure Value Hardware has four employees who are paid on an hourly basis, plus time...

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Accounting

ure 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, 2021, follow:

Employee Total Hours Hourly Rate CPP EI Income Tax United Way
I. Dahl 38.0 $18.00 $30.53 $11.35 $80.50 $7.60
F. Gualtieri 42.8 16.00 31.67 11.74 92.95 7.75
G. Ho 43.3 15.75 31.71 11.75 91.00 4.90
A. Israeli 44.5 14.80 30.92 11.49 88.60 9.50

Prepare a payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 52.76.)

SURE VALUE HARDWARE Payroll Register
Gross Earnings Deductions
Employee Hours Regular Overtime Gross Pay CPP EI Income Tax United Way Total Net Pay
I. Dahl $ $ $ $ $ $ $ $ $
F. Gualtieri
G. Ho
A. Israeli
Totals $ $ $ $ $ $ $ $ $

Record the payroll on March 14 and the accrual of employee benefits expense. Assume the company accrues 4% for vacation pay. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 52.76.)

Date

Account Titles and Explanation

Debit

Credit

Mar. 14

(To record salaries expense.)

Mar. 14

(To record employer benefits expense.)

Record the payment of the payroll on March 14. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 52.76.)

Date

Account Titles and Explanation

Debit

Credit

Mar. 14

(To record payment of salaries payable.)

Record the payment of remittances to the Receiver General on April 15. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 2 decimal places, e.g. 52.76.)

Date

Account Titles and Explanation

Debit

Credit

Apr. 15

(To record remittance of benefits deducted.)

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