Larry is an account payable administrator for a large retail clothing chain in Quebec. He...
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Accounting
Larry is an account payable administrator for a large retail clothing chain in Quebec. He earns $ annually, paid biweekly, Marc's TD claim code is and his TPV deduction code is A
As part of the employer paid benefit package Larry has group term life insurance coverage of two times his annual salary. The company pay $ per $ of coverage for the group term life insurance coverage.
Each Administrative staff receives an employer paid parking spot at head office in down town Montreal, where the fair market value of parking in the vicinity is $ per month plus tax and parking benefits are assessed on a pay period basis.
Larry also received a taxable car allowance of $ per pay period for using his own car for business purpose.
Required
Using the payroll calculation Template Calculate Marc's net pay.
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