A company deducts $260 in Employment Insurance and $205 in Canada Pension from the weekly payroll of
Question:
A company deducts $260 in Employment Insurance and $205 in Canada Pension from the weekly payroll of its employees. How much is the company’s expense for these items for the week?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (14 reviews)
EI Expense 260 ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Question Posted:
Students also viewed these Business questions
-
The following amounts were taken from the weekly payroll register for the Wu Lake Company on September 9, 201X. Using the same account title headings used in this chapter, please prepare the general...
-
The following amounts were taken from the weekly payroll register for the Wu Vale Company on August 9, 201X. Please prepare the general journal entry to record the payroll for the Wu Vale Company for...
-
The Generous Loan Company has 100 branch loan offices. Each office has a manager and four or five subordinates who are employed by the manager. Branch managers prepare the weekly payroll, including...
-
KE- Data table Industry averages Debt ratio Times interest eamed ratio Fixed-payment coverage ratio Debt analysis Springfield Bank is evaluating Creek Enterprises, which has requested a $3,560,000...
-
Tolland Financial began operators in 2020 and invests in securities classified as available-for sale. During 2020, it entered into the following available-for-sale security transactions:...
-
Liv Diaz wants to create a fund today that will enable her to withdraw R$25,000 per year for 8 years, with the first withdrawal to take place 5 years from today. If the fund earns 8% interest, how...
-
Question: Marko owned a cat and allowed it to roam freely outside. In the three years he had owned the pet, the animal had never bitten anyone. The cat entered Romi's garage. When Romi attempted to...
-
Green Thumb operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Green Thumb has $4,800,000 in assets. Its yearly fixed costs are $600,000, and the...
-
. During 2021. Parent Co shows a profit of $80,000 and Subsidiary Co (80% owned) shows a profit of $40.000. Intra-entity transactions for 2020 and 2021 were as follows: 2020 2021 Sales $40.000...
-
Pender Corp. paid $285,000 for a 30% interest in Saltspring Limited on January 1, Year 6. During Year 6, Saltspring paid dividends of $110,000 and reported profit as follows: Profit before...
-
What are employee fringe benefits? Name some examples.
-
Trax Ltd. has six employees, each of whom earns $3,000 per month. Income taxes are 20% of gross pay and the company deducts EI and CPP. Prepare the March 31 journal entry to record payroll for the...
-
The standard enthalpy of formation of the metallocene bis (benzene) chromium was measured in a calorimeter. It was found for the reaction Cr (C6H6)2(s) Cr(s) + 2 C6H6 (g) that Uo (583 K) = +8.0 kJ...
-
Fair values at December 31 are B, $81,000; C, $665,000; X, $118,000; and Z, $278,000. Required page 553 1. Prepare journal entries to record these 2. 3. transactions, including the December 31...
-
The technology company, Samsung, is considering to revamp an old tablet product of theirs and would like for it to make a big impression against other competitors in this day and age. -What branding...
-
Record the following transactions on the books of Ivanhoe Co. (Credit account titles are automatically indented when amount is entered Do not indent manually.) a. On July 1, Ivanhoe Co. sold...
-
Determine the cross-sectional area of a steel bar 7m long when it's subjected to a tensile load of 45kN and the bar extends 0.4mm.
-
As a risk manager you are concerned about technology and its impact on the growth of the organization. New technologies are being created on a regular basis and many of them can improve the company's...
-
What parameters should be sent to the range constructor, to produce a range with values 8, 6, 4, 2, 0, 2, 4, 6, 8?
-
When the Department of Homeland Security created a color-coded system to prepare government officials and the public against terrorist attacks, what did it do right and what did it do wrong?
-
Refer to the financial statements for WestJet in Appendix II, specifically Note 12. What was the amount during 2017 of the dividends per share?
-
Poppy Barley in the opening vignette is a private corporation that was formed by two sisters in Edmonton. Bombardier Inc. is an example of a Canadian public corporation. What is the main difference...
-
Labtech Pharmacy Inc. is authorized to issue an unlimited number of common shares and 100,000 shares of $24 non-cumulative preferred. The company completed the following transactions: Required 1....
-
1. Try running the DebuggerExercise.java file. You should see the following message in the console window at the bottom of the screen: Congratulations! You've found a way out of your labyrinth. ...
-
please help me fix my code. thanks very much. Define a SmallArray class that holds a small array of T elements and a pointer to the next SmallArray object. Add a size parameter to the ListArray...
-
Q. Let's say we add a new for statement grammar to the new programming language S as follows. For the program implemented in the following language S, indicate the result of state transition...
Study smarter with the SolutionInn App