Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use year 2020 rate to calculate for this problem. Accounting & Payroll Aika is working in a printing company as a receptionist. Aika would like

image text in transcribed

Use year 2020 rate to calculate for this problem.

Accounting & Payroll Aika is working in a printing company as a receptionist. Aika would like to know the details of her pay. Please assist Aika. (30 marks) 1. What is Aika gross earning if she works 88 hours at $18/hour semi- monthly? No overtime. 2. Employee portion Canada Pension Plan deduction? 3. Employee portion Employment Insurance deduction? 4. Her income tax for that pay period? (Claim Code 1) 5. What are the total deductions on employees' portion? 6. Employer Canada Pension Plan contribution? 7. Employer Employment Insurance contribution? 8. Total remittance? 9. Aika's Net Pay? PAYROLL CYCLE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Sector Accounting

Authors: Budding, Tjerk, Grossi, Giuseppe, Tagesson, Torbj

1st Edition

0415683149, 9780415683142

More Books

Students also viewed these Accounting questions

Question

Appreciate the legal implications of employment documentation

Answered: 1 week ago