Question
Stacey works in British Columbia and has 2020 payroll totals of regular earnings of $34,600.00, vacation pay of $1,250.00, overtime pay of $675.00, interest-free loan
Stacey works in British Columbia and has 2020 payroll totals of regular earnings of $34,600.00, vacation pay of $1,250.00, overtime pay of $675.00, interest-free loan taxable benefit of $2,350.00, group term life insurance taxable benefit of $182.00, pension adjustment of $1,215.00 and employee contributions to a Registered Retirement Savings Plan of $1,378.20.
Enter the amount to be recorded in the Other Information area using Code 40 on Stacey's T4 information slip.
Your answer___________.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
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