You have just received a garnishment order for your employee Derek Jones. The gamishment order requires you to deduct and remit 17% of gross eanings less statutory deductions, from Derek's pay for court ordered family support payments. You are preparing the January 15th, 2018 semi-monthly payroll and have the following information related to Derek Employee Information Employee Name Birth Date Derek Jones May 17, 1992 Pay Details $45,000 6% paid each pay 17% Semi-monthly St. Johns Company located in Brandon, Manitoba Annual salary Vacation pay Gamishment order Pay schedule Employer name Miscellaneous deductions RRSP deduction $150.00 per month Union dues $30.00 per pay Additional information Federal tax (already calculated) $134.02 Provincial tax (already calculated) $128.24 CPP deduction (already calculated) $84.60 El deduction (already calculated) - $34.87 Required: Calculate Derek's January 15 Net Pay Show and label your calculations
You have just received a garnishment order for your employee Derek Jones. The gamishment order requires you to deduct and remit 17% of gross eanings less statutory deductions, from Derek's pay for court ordered family support payments. You are preparing the January 15th, 2018 semi-monthly payroll and have the following information related to Derek Employee Information Employee Name Birth Date Derek Jones May 17, 1992 Pay Details $45,000 6% paid each pay 17% Semi-monthly St. Johns Company located in Brandon, Manitoba Annual salary Vacation pay Gamishment order Pay schedule Employer name Miscellaneous deductions RRSP deduction $150.00 per month Union dues $30.00 per pay Additional information Federal tax (already calculated) $134.02 Provincial tax (already calculated) $128.24 CPP deduction (already calculated) $84.60 El deduction (already calculated) - $34.87 Required: Calculate Derek's January 15 Net Pay Show and label your calculations
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 15EA: In EA14, you prepared the journal entries for the employee of Toren Inc. You have now been given the...
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