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Security Guards Inc. (known as Security GI) provides security services to businesses. Security GI is converting from a manual system and employed a business student,

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Security Guards Inc. (known as Security GI) provides security services to businesses. Security GI is converting from a manual system and employed a business student, during the Christmas break, to set up the company in Sage 50 Accounting. Security Guards Inc. uses the Perpetual Inventory system (services) to record sales, billing by the hour. HST is 13%. The company plans on using the Sage 50 Accounting system effective January 1. You have been hired as of Monday, January 2, 2023, as a self-employed contractor (you submit invoices for your time and are not an employee of Security GI) in time to pay all employees on Friday, January 13, 2023, enter the January transactions that follow and print required reports for management. You have been provided with the following payroll and other information: Medical is not deducted on vacation pay payments. All employees are paid bi-weekly. Vacation pay is retained for hourly employees only. Overtime is paid to hourly employees for any hours over 80 per pay period. The company has completed the December 31, 2022 year-end, and has provided you with the Sage 50 Accounting data file at January 1, 2023. Instructions 1) Extract, unzip and open the TM-1 Security file. 2) Add your name to the company file. 3) Set up the employees listed below: (A blank box means not applicable.) Name Michael Pendbrey Braz as SIN 403 689 7 7 05 916 914 Date of Birth April -14 , Ap967 28 19 90 Tax Table Ontario Ontario Federal Claim 13 , 2 29 13, 2 29 Provincial Claim 10, 783 10 , 783 WSIB rate Exempt 0 41 Rate per hour 15 . 00 Hours per period 30 Overtime per hour 22. 50 salary per - we e k21,y0 Ople } i o d salary hours per peaood Vacation rate 4 % Medical 1 5 1 5 4) Record the January transactions below. (Note the office was closed for January 1 st . )

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