Lendrum Servicing's four employees are paid every two weeks. Atkins runs the office and the remaining employees are sales representatives. Required: Complete the payroll register below for the biweekly period ended March 16, 2021. (Round the final answers to 2 decimal places.) Deductions Employee Gross Pay ΕΙ Premium Federal Income Tax Provincial Income Tax Income United CPP Total Deductions Taxes Way Payment Net Pay Distribution Admin. Salaries Sales Salaries Atkins, D. $ 2,150.00 $ 35.69 $ 231.91 $ 151.19 $ 383.10 $ 84.00 $ 99.76 Nesbitt, M. 1,510.00 25.07 121.71 79.34 201.05 54.00 68.08 Trent, F 1,930.00 32.04 189.17 123.33 312.50 44.00 88.87 Vallot, M 3,250.00 53.95 473.75 308.85 782.60 304.00 154.21 Totals $ 8,840.00 $ 146.75 $ 1,016.54 $ 662.71 $1,679.25 $ 486.00 $ 410.92
Lendrum Servicing's four employees are paid every two weeks. Atkins runs the office and the remaining employees are sales representatives. Required: Complete the payroll register below for the biweekly period ended March 16, 2021. (Round the final answers to 2 decimal places.) Deductions Employee Gross Pay ΕΙ Premium Federal Income Tax Provincial Income Tax Income United CPP Total Deductions Taxes Way Payment Net Pay Distribution Admin. Salaries Sales Salaries Atkins, D. $ 2,150.00 $ 35.69 $ 231.91 $ 151.19 $ 383.10 $ 84.00 $ 99.76 Nesbitt, M. 1,510.00 25.07 121.71 79.34 201.05 54.00 68.08 Trent, F 1,930.00 32.04 189.17 123.33 312.50 44.00 88.87 Vallot, M 3,250.00 53.95 473.75 308.85 782.60 304.00 154.21 Totals $ 8,840.00 $ 146.75 $ 1,016.54 $ 662.71 $1,679.25 $ 486.00 $ 410.92
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 1MP: The totals line from Nix Companys payroll register for the week ended March 31, 20--, is as follows:...
Related questions
Question
Expert Solution
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 2 steps
Recommended textbooks for you
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning
Financial Accounting
Accounting
ISBN:
9781305088436
Author:
Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning