Calculate the employers portion of canada pension plan, Accounting Basics

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Calculate the employers portion of canada pension plan

Problem: An employee's weekly earnings are $1,880.00. The employee's year-to-date first Canada Pension Plan contributions are $1,070.00 and the employee's year-to-date Employment Insurance premiums are $424.00 for 2024. Please explain how to calculate the employer's portion of Canada Pension Plan contributions.

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Accounting Basics: Calculate the employers portion of canada pension plan

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Accounting Basics: Calculate the employers portion of canada pension plan

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