90.2K

Verified Solution

Link Copied!

URGENT !!!!!!!!

2. Calculate the net payable, using the format below, for the last three bi-weekly pay periods (note: each pay period covers a Sunday - Saturday period with the last period in August covering August 18 - August 31, showing all the appropriate subcalculations of gross pays and deductions. (39 Marks) 3. Linda Buckley has accepted an offer of employment with one of Diverse's competitors. Linda's last day at Diverse was August 23rd. Linda has not taken any vacation. Prepare a Record of Employment for the employee. Hint: Use a calendar to help calculate all the required pay periods gross earnings and hours. (18 Marks) Note: Include this as additional attachment in the LEARN Dropbox (either image file or document file). Fillable forms are available in the Case Study 2 content section in LEARN. Additional information: - Monthly downtown parking fees of $63.00 (includes GST) are paid by the employer and a prorated taxable benefit is included on each pay. - Diverse Enterprises was closed for the Civic Holiday in August and all salaried employees were paid for their regular hoursipay for the day. - Employees at Diverse work a Monday to Friday work week. - Linda Buckley is married and is supporting her husband who currently has no income. Linda claims her spouse on both her TD1 forms. - Linda's final pay included her vacation pay and regular pay. Question 1: Indude TD! formet as additional attachments in the LEARN Drapbox Regular hours hours x = Vacation Pay Total Gross Pay Tax Ben Gross Taxable Net Taxable CPP EI FEDTAX (CC) ) PROVTAX (CC) ) Net Pay Question 3: Use the provided fillable ROE form (located in the Case Study content section in LEARN), and include these as additional attachments in the LEARN Dropbox. 2. Calculate the net payable, using the format below, for the last three bi-weekly pay periods (note: each pay period covers a Sunday - Saturday period with the last period in August covering August 18 - August 31, showing all the appropriate subcalculations of gross pays and deductions. (39 Marks) 3. Linda Buckley has accepted an offer of employment with one of Diverse's competitors. Linda's last day at Diverse was August 23rd. Linda has not taken any vacation. Prepare a Record of Employment for the employee. Hint: Use a calendar to help calculate all the required pay periods gross earnings and hours. (18 Marks) Note: Include this as additional attachment in the LEARN Dropbox (either image file or document file). Fillable forms are available in the Case Study 2 content section in LEARN. Additional information: - Monthly downtown parking fees of $63.00 (includes GST) are paid by the employer and a prorated taxable benefit is included on each pay. - Diverse Enterprises was closed for the Civic Holiday in August and all salaried employees were paid for their regular hoursipay for the day. - Employees at Diverse work a Monday to Friday work week. - Linda Buckley is married and is supporting her husband who currently has no income. Linda claims her spouse on both her TD1 forms. - Linda's final pay included her vacation pay and regular pay. Question 1: Indude TD! formet as additional attachments in the LEARN Drapbox Regular hours hours x = Vacation Pay Total Gross Pay Tax Ben Gross Taxable Net Taxable CPP EI FEDTAX (CC) ) PROVTAX (CC) ) Net Pay Question 3: Use the provided fillable ROE form (located in the Case Study content section in LEARN), and include these as additional attachments in the LEARN Dropbox

Answer & Explanation Solved by verified expert

See Answer