The payroll journal entries for two employees with the same gross pay may not show the same net pay because-

Question

Quizplus · Accepted Answer

The tax deductions may vary based on the different claim amounts and other deductions may not be the same, such as union fees or retirement contributions. Additionally, if the employees live in different provinces, the income tax rates or provincial tax rates may differ, which would also impact the net pay. Therefore, all of the choices are correct.

The Payroll Journal Entries for Two Employees with the Same