Explain when each payment must be received

Assignment Help Accounting Basics

Reference no: EM132742285

Question: Your manufacturing organization has a semi-monthly payroll, paying on the 15th On the June 15th and last day of each month. Your organization pays employees in British Columbia. Pay date of the current year the following deductions occurred. Using the Current Year calendar in the course material, explain when each payment must be received by the issuer or administrator:

• Family Maintenance Enforcement

• Union Dues (collective agreement states payment due three business days after pay date)

• Registered Defined Contribution Pension Plan (employer matches employee contributions)

• Group RRSP

Reference no: EM132742285

Questions Cloud

Compute the Income Tax Due at the end of the First Quarter : In the year 2018, the following cumulative data appear in the records of Vongola Company, Compute the Income Tax Due at the end of the First Quarter

How the introduction of the new model could have : The managers of a washing machine manufacturer, how (and why) the introduction of this new model could have a positive effect on the company's profits.

Explain the role of acceptance testing : Explain the role of acceptance testing and parallel running of a new computer system. The response must be typed, double spaced.

Find the revised amount of the last installment : A loan is being repaid by 15 annual instllments of 1000 each. The period of the loan is not changed. Determine the revised amount of the last installment.

Explain when each payment must be received : Your manufacturing organization has a semi-monthly payroll, paying on the 15th On the June 15th and last day of each month. Your organization pays employees.

Find the amount of joint costs to be allocated : Shaffner Corporation produces three products, Alpha, Beta, determine the amount of joint costs to be allocated between the two joint products, Alpha and Gamma.

Find what the joint cost to be allocated to alfa : Atlas Foods, Assuming Atlas Food inventories Morefeed, the by-product, the joint cost to be allocated to Alfa, using the NRV method is?

What is the value of bond now : It is now 35 years later and he decides to cash in the bond. What is the value of this bond now? Round your answer to the nearest dollar.

Show for bridge finance plc the amount that would be charged : Show for Bridge Finance plc the amount that would be charged to the statement of comprehensive income for the year ending 31 December 2017 and the amount.

User Account

All Pages