Calculate how much the employer contributes

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Reference no: EM132979640

Question: Supermercado Caridad offers its employees vacation benefits and contributes a 2% contribution to a 401K. Employees had total wages of $ 125,000 and vacation benefits of $ 28,460.

-Calculate how much the employer contributes for the 401k.

-Make the wage entries related to vacation pay.

-Make the wage entries related to the 401K contribution.

-Perform an analysis of the rules and laws that regulate mandatory discounts and payments that payroll employers must make.

Reference no: EM132979640

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