Homework Clinic

Social Science Clinic => Accounting => Topic started by: Shelles on Nov 11, 2019

Title: Jungwirth Mechanical has five payrolls for the month. Each payroll had $9,000 salary, $1,800 income ...
Post by: Shelles on Nov 11, 2019

Jungwirth Mechanical has five payrolls for the month. Each payroll had $9,000 salary, $1,800 income tax, $430 CPP, $165 EI, $300 Health Plan, and $6,305 net pay. What amount would the company send to the CRA as the remittance from this month?

Title: Jungwirth Mechanical has five payrolls for the month. Each payroll had $9,000 salary, $1,800 income ...
Post by: Sierray on Nov 11, 2019

$1,800 × 1 = $1,800

430 × 2 = 860

165 × 2.4 = 396

Remittance = $3,056 × 5 payrolls = $15,280

Title: Re: Jungwirth Mechanical has five payrolls for the month. Each payroll had $9,000 salary, $1,800 inc
Post by: pls.help on Feb 2, 2024

Thank you for the help!