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
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. The state income tax rate is 5.01%?
How to compute her September 14th paycheck?
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Payroll Accounting 2016
Authors: Jeanette Landin, Paulette Schirmer
2nd edition
978-1259821950, 1259821951, 1259572196, 978-1259572197
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