Journal Entries for Pay Period 3 and 4 Using the grid below complete the journal entry for the month of February using the amounts you calculated in Section D.

Account Debit Credit Mark Wage Expense /1 CPP Expense /1 CPP Payable /1 EI Expense /1 EI Payable /1 Fed & Prov tax payable /1 Health expense /1 Health payable /1 United Way payable /1 Net Pay /1 Total /1 Total Marks /11

F) As previously mentioned Roger has decided to leave Majic. His last day worked will be June 26th. He will require a Record of Employment. Complete the boxes below with the correct amounts that should be included in each of the sections.

Box Amount Mark Box 10 /1 Box 11 /1 Box 12 /1 Box 14 /1 Box 15 A /1 Box 15 B /1 Box 16 /1 Box 22 /1 Total Marks /8

In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate other employer costs based on the information provided. This case study will demonstrate that you know how to use what you have learned in this course. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON MAH 453. They employ 200 full time employees who work in sales, customer service and office support roles. They have had an annual remuneration of over $1,000,000 for the past several years therefore their EHT rate is 1.95%. Pay period #1 started December 22, 2019. All are paid on a bi- weekly basis. The first pay day for these employees is Friday Jan 10, 2020. They have three staff in the Customer Service Department answering questions from clients and the general public. A) Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for by the employer AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage paid for by the employer She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance Mark 11 /1 /1 /1 /1 /1 Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for by the employer AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage paid for by the employer She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance Mark 11 /1 /1 /1 /1 /1 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way /1 /1 /1 /1 /1 /1 /1 /1 11 /1 /10 Net pay Employer health tax Total Marks Pay Period 4 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way Mark /1 /1 /1 /1 /1 11 /1 /1 /1 /1 Net pay Employer health tax B) Neema has been with Majic for 3 years and answers calls specifically from clients. She earns $18.25 per hour and works 35 hours per week. Her employer provides the following: Health and Dental - at a total cost of $469.00 per month, 50% is paid by the employer and 50% is paid for by Neema Group Term life - $50,000.00 at a cost of $0.45 per month per $1000 of coverage paid for by the employer She does not receive AD&D . . She has the following deductions: Federal and Provincial taxes - she is claiming basic tax (Claim code 1) plus an additional $5.00 per pay Calculate the following for Neema: Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Health and Dental Cost Group term life insurance Mark 71 71 /1 /1 /1 /1 /1 71 /1 19 Net pay Employer health tax Total Marks In this case study you will be required to calculate the gross to net pay for three employees. You will also be required to calculate other employer costs based on the information provided. This case study will demonstrate that you know how to use what you have learned in this course. Majic Corporation sells phone cases to public and private companies. They are located at 123 Locus Rd, Toronto, ON MAH 453. They employ 200 full time employees who work in sales, customer service and office support roles. They have had an annual remuneration of over $1,000,000 for the past several years therefore their EHT rate is 1.95%. Pay period #1 started December 22, 2019. All are paid on a bi- weekly basis. The first pay day for these employees is Friday Jan 10, 2020. They have three staff in the Customer Service Department answering questions from clients and the general public. A) Marijke has been with Majic for 5 years and is the Customer Service Supervisor. She earns $2000.00 bi-weekly working 35 hours per Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for by the employer AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage paid for by the employer She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance Mark 11 /1 /1 /1 /1 /1 Health and Dental - fully paid for by the employer at a monthly cost of $469.00 Group Term life insurance - 2x her annual salary at a cost of $0.69 per month per $1000 of coverage paid for by the employer AD&D - $50,000.00 at a cost of $0.19 per month per $1000 of coverage paid for by the employer She has the following personal deductions from her pay: $5.00 per pay donation to the United Way Federal and Provincial income tax - she is claiming maximum tax (Claim Code 0) plus an additional $10.00 per pay Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance Mark 11 /1 /1 /1 /1 /1 Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way /1 /1 /1 /1 /1 /1 /1 /1 11 /1 /10 Net pay Employer health tax Total Marks Pay Period 4 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Group term life insurance AD & D United Way Mark /1 /1 /1 /1 /1 11 /1 /1 /1 /1 Net pay Employer health tax B) Neema has been with Majic for 3 years and answers calls specifically from clients. She earns $18.25 per hour and works 35 hours per week. Her employer provides the following: Health and Dental - at a total cost of $469.00 per month, 50% is paid by the employer and 50% is paid for by Neema Group Term life - $50,000.00 at a cost of $0.45 per month per $1000 of coverage paid for by the employer She does not receive AD&D . . She has the following deductions: Federal and Provincial taxes - she is claiming basic tax (Claim code 1) plus an additional $5.00 per pay Calculate the following for Neema: Pay Period 3 Answer Gross Pay Gross taxable income CPP contributions El premiums Federal and Provincial taxes Health and Dental Cost Group term life insurance Mark 71 71 /1 /1 /1 /1 /1 71 /1 19 Net pay Employer health tax Total Marks