8. Natasha has been employed at Plant Productions for the last 14 years. Her job has become obsolete, and her employment is being terminated at the end of the week. Natasha earns $735.00 weekly and is being paid 8 weeks of legislated wages in lieu of notice and a retiring allowance of $20,000.00. Natasha is also owed $2, 940.00 vacation pay. Calculate the insurable earnings to be recorded in Block 15B of the Record of Employment.

8. Natasha has been employed at Plant Productions for the last 14 years. Her job has become obsolete, and her employment is being terminated at the end of the week. Natasha earns $735.00 weekly and is being paid 8 weeks of legislated wages in lieu of notice and a retiring allowance of $20,000.00. Natasha is also owed $2, 940.00 vacation pay. Calculate the insurable earnings to be recorded in Block 15B of the Record of Employment.

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1PB

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