Homework Help is Here – Start Your Trial Now!
Business
Accounting
oan works for Jefferson Movers in Alberta and earns an annual salary of $44,742.00 paid on a bi-weekly basis. She contributes 5% of her gross earnings to a Registered Retirement Savings Plan each pay. Joan pays $29.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $20.00 each pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Joan's net pay ollowing the steps in the payroll calculation template.

oan works for Jefferson Movers in Alberta and earns an annual salary of $44,742.00 paid on a bi-weekly basis. She contributes 5% of her gross earnings to a Registered Retirement Savings Plan each pay. Joan pays $29.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $20.00 each pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Joan's net pay ollowing the steps in the payroll calculation template.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Please help!! Using the 2022 tax tables forms

Joan works for Jefferson Movers in Alberta and earns an annual salary of $44,742.00 paid on a bi-weekly basis. She contributes 5% of her gross earnings to a Registered Retirement Savings Plan each pay. Joan pays $29.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $20.00 each pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Joan's net pay, following the steps in the payroll calculation template. lalalalalalala
Transcribed Image Text:Joan works for Jefferson Movers in Alberta and earns an annual salary of $44,742.00 paid on a bi-weekly basis. She contributes 5% of her gross earnings to a Registered Retirement Savings Plan each pay. Joan pays $29.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $20.00 each pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Joan's net pay, following the steps in the payroll calculation template. lalalalalalala
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS