Question
26. Sean is paid a semi-monthly salary in the amount of $3750. His employer also pays his life insurance premium of $20/month. His income tax
26. Sean is paid a semi-monthly salary in the amount of $3750. His employer also pays his life insurance premium of $20/month. His income tax withholding on the current pay is $690. Sean also contributes $5 per pay to his Canada Savings Bonds. Sean has contributed $1500 to CPP for the year and $600 to EI.
What is the EI expense?
a. $600.00
b. $659.25
c. $69.25
d. $82.95
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul Copley
14th Edition
1260570177, 978-1260570175
