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Calculate the net pay and make a journal entry

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Question: Payroll Fundamentals 2 - Canadian payroll

Given the following information from the payroll register, calculate the net pay and make a journal entry for the month of February for Prince Bearings.

Salaries and wages $217,144.65

Bonus $2345.98

Charitable donations$995.00

Canada Pension Plan contributions $5,943.75

Employment Insurance premiums $2,133.71

Income tax$63,428.93

Employer registered retirement saving plan contributions $11,095.19

Union dues $1,755.00

Reference no: EM132737988

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