Question
Information regarding Swifty Inc.'s payroll for the period ended March 22 follows: Gross salaries and wages CPP rate El rate Employee income tax Company
Information regarding Swifty Inc.'s payroll for the period ended March 22 follows: Gross salaries and wages CPP rate El rate Employee income tax Company Union dues deducted pension deducted $101000 5.45% 1.58% deducted $20200 5% of gross salaries and wages $808 Assume 100% of the gross salaries and wages are subject to CPP and El. Therefore, calculate the NET pay for this period.
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Payroll Accounting
Authors: Bernard J. Bieg, Judith A. Toland
2013 edition
113396253X, 978-1133962533
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