Jane Heinlein is the payroll accountant for Sia Lights of Carter, Nebraska. The employees of Sia Lights
Question:
Jane Heinlein is the payroll accountant for Sia Lights of Carter, Nebraska. The employees of Sia Lights are paid biweekly. Her employee, Melinda Gunnarson, comes to her on September 14 and requests a pay advance of $825, which she will pay back in equal parts on the September 28 and October 12 paychecks. Melinda is single with 1 withholding allowance and is paid $32,500 per year. She contributes 1% of her pay to a 401(k) plan and has $25 per paycheck deducted for a court-ordered garnishment. Compute her net pay for her September 28th paycheck. The state income tax rate is 6.84 percent. Use the wage-bracket tables in Appendix C to determine the Federal income tax withholding amount. You do not need to complete the number of hours.
Step by Step Answer:
Payroll Accounting 2019
ISBN: 978-1259917073
5th edition
Authors: Jeanette Landin, Paulette Schirmer