perel Lake Resort's four employees are paid monthly. Assume an income tax rate of 20%. equired: omplete the payroll register below for the month ended January 31, 2021. (Do not round intermediate values. Round the final nswers to 2 decimal places.) lick here to view the CPP Tables for 2021. lick here to view the El Tables for 2021. Deductions Pay Distribution Employee Gross Pay El Premium Income Taxes Medical Ins. CPP United Way Total Deductions Net Pay Office Salaries Guide Salaries Wynn, L $ 1,550.00 $ 65.00 $ 50.00 $ 1,550.0 Short, M 1,300.00 65.00 40.00 1,300.00 Pearl, P. 1,500.00 65.00 100.00 Quincy, B 1,225.00 65.00 0.00 1,500.0 1,225.0 otals $ 5,575.00 $ 260.00 $ 190.00
perel Lake Resort's four employees are paid monthly. Assume an income tax rate of 20%. equired: omplete the payroll register below for the month ended January 31, 2021. (Do not round intermediate values. Round the final nswers to 2 decimal places.) lick here to view the CPP Tables for 2021. lick here to view the El Tables for 2021. Deductions Pay Distribution Employee Gross Pay El Premium Income Taxes Medical Ins. CPP United Way Total Deductions Net Pay Office Salaries Guide Salaries Wynn, L $ 1,550.00 $ 65.00 $ 50.00 $ 1,550.0 Short, M 1,300.00 65.00 40.00 1,300.00 Pearl, P. 1,500.00 65.00 100.00 Quincy, B 1,225.00 65.00 0.00 1,500.0 1,225.0 otals $ 5,575.00 $ 260.00 $ 190.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:perel Lake Resort's four employees are paid monthly. Assume an income tax rate of 20%.
equired:
omplete the payroll register below for the month ended January 31, 2021. (Do not round intermediate values. Round the final
nswers to 2 decimal places.)
lick here to view the CPP Tables for 2021.
lick here to view the El Tables for 2021.
Deductions
Pay
Distribution
Employee
Gross Pay
El Premium
Income Taxes
Medical Ins.
CPP
United Way
Total Deductions
Net Pay
Office Salaries Guide Salaries
Wynn, L
$
1,550.00
$
65.00
$
50.00
$
1,550.0
Short, M
1,300.00
65.00
40.00
1,300.00
Pearl, P.
1,500.00
65.00
100.00
Quincy, B
1,225.00
65.00
0.00
1,500.0
1,225.0
otals
$
5,575.00
$
260.00
$
190.00
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