Solved

If the Employees Have Had $300 in CPP Contributions and $400

Question 72

Multiple Choice

If the employees have had $300 in CPP contributions and $400 in EI contributions deducted from their paycheques, then the amount to be remitted to the Receiver General would be (excluding income taxes)


A) $700.
B) $1,560.
C) $860.
D) $1,520.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: Companies have a business number given by

Q68: If Wages and Salaries Payable is debited,

Q69: The following entry has been made

Q70: The Wages and Salaries Payable account would

Q71: What type of an account is Wages

Q73: What is the purpose of the T4-T4A

Q74: The employer's and the employee's contributions to

Q75: The following information from the payroll

Q76: The employer must contribute 1.4 times the

Q77: The T4 Summary form is filed<br>A) monthly.<br>B)