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.) Employee Hellen Craig Joseph Lim Dino Patelli Sharleen McFee Totals Gross Pay $1,040.00 930.00 1,150.00 2,020.00 $ 5,140.00 ΕΙ Premium $ Deductions 18.17 31.92 81.21 Income Taxes $ 16.43 $ 168.90 14.69 142.85 195.45 469.45 $ 976.65 $ 0.00 CPP Health Insurance $ 25.00 27.00 39.00 27.00 $118.00 Total Deductions $ 0.00 $ Net Pay 0.00
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.) Employee Hellen Craig Joseph Lim Dino Patelli Sharleen McFee Totals Gross Pay $1,040.00 930.00 1,150.00 2,020.00 $ 5,140.00 ΕΙ Premium $ Deductions 18.17 31.92 81.21 Income Taxes $ 16.43 $ 168.90 14.69 142.85 195.45 469.45 $ 976.65 $ 0.00 CPP Health Insurance $ 25.00 27.00 39.00 27.00 $118.00 Total Deductions $ 0.00 $ Net Pay 0.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
A5
![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.)
Employee
Hellen Craig
Joseph Lim
Dino Patelli
Sharleen McFee
Totals
Gross
Pay
ΕΙ
Premium
1,150.00
2,020.00
$ 5,140.00
$ 1,040.00 $ 16.43 $
930.00
14.69
18.17
31.92
81.21
$
Income
Taxes
Deductions
$
168.90
142.85
195.45
469.45
976.65
$
CPP
0.00
Health
Insurance
$
25.00
27.00
39.00
27.00
$118.00
Total
Deductions
0.00
$
Net Pay
0.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffcf754c5-bfd0-48d0-a497-56bcc4ed0e05%2F07ab40ec-e6ba-4e58-ba5f-3619368988e6%2Ffgvw5de_processed.png&w=3840&q=75)
Transcribed Image Text: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.)
Employee
Hellen Craig
Joseph Lim
Dino Patelli
Sharleen McFee
Totals
Gross
Pay
ΕΙ
Premium
1,150.00
2,020.00
$ 5,140.00
$ 1,040.00 $ 16.43 $
930.00
14.69
18.17
31.92
81.21
$
Income
Taxes
Deductions
$
168.90
142.85
195.45
469.45
976.65
$
CPP
0.00
Health
Insurance
$
25.00
27.00
39.00
27.00
$118.00
Total
Deductions
0.00
$
Net Pay
0.00
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education